Siemens Layoffs 2024: What to Know About the Latest Siemens Job Cuts
Siemens Energy (OTCMKTS:SMEGF) announced yesterday that it will be cutting 4,100 jobs in its Gamesa wind turbine division, amounting to roughly 15% of its overall workforce. Indeed, Wall Street is abuzz over Siemens layoffs this week as the company adjusts to subdued demand.