Siemens: 6,050 jobs cut

Factory automation division saw 46% profit decline. 5,600 cuts in factory automation, 450 in EV charging. 2,600 jobs cut in Germany. Automation/digitalization core to strategy. The connection to AI is moderate — while the company is investing in AI capabilities, the layoffs were attributed to broader restructuring alongside technology adoption. Of the 6,050 total positions affected, our methodology estimates that approximately 2,420 roles (40%) are attributable to AI-driven changes. This reflects a broader trend in Industrial Technology where physical automation and robotics are increasingly displacing traditional roles.