The Swiss online SRF public television site here reports that German power engineering giant Siemens plans to eliminate some 6900 employees, half of them in Germany. Hit will be the conventional power plant and electric drive systems branch.
German energy sector in turmoil
The SRF writes that the power plant branch “is suffering due to the Energiewende“, Germany’s attempted transition to renewable energies. This branch alone will see 6100 job reductions. Turbine plants in Görlitz, Leipzig, Offenbach, Erfurt, Erlangen, Berlin and Mülheim (Ruhr) will be impacted. The announcement just before the start of the Christmas holiday season has angered trade unionists.
The Handelsblatt here reports that some of the impacted engineering workers are “in shock and in tears” over the news. Protests and strikes have been announced.