Siemens To Slash 7800 Jobs Due To Green Agenda
By Paul Homewood
h/t ianprsy
Siemens Energy (ENR.DE) announced plans to cut 7,800 jobs in its gas and power segment to improve its “long-term competitiveness” as it looks to focus on green energy. Its shares ticked up roughly 0.8% Tuesday morning.
The company, which was spun off last year by German industrial giant Siemens AG (SIE.DE) and currently employs 90,000 people globally, also said it will no longer bid on contracts for new coal-fired power plants.
The move come on top of an earlier plan to reduce costs by a minimum of €300m (£264m, $362m) in the same area.
“The energy market is significantly changing which offers us opportunities but at the same time presents us with great challenges,” said CEO Christian Bruch.
“With this program we want to regain our competitiveness and financial strength to shape the energy world of tomorrow. We are fully aware that this is a challenging program for our employees. Hence, we will undertake these measures in the most socially responsible way possible.”
Around three-quarters of the job cuts will be made in management, administration and sales. There will be around 3,000 cuts in Germany and 1,700 in the US while the rest will be spread across other regions.
The reductions are planned by the end of the 2025 financial year, with a large part to be implemented by the end 2023.
Still, what the heck! These highly skilled workers can always relocate and get jobs fitting loft insulation.
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NOT A LOT OF PEOPLE KNOW THAT 
Plenty of jobs for them as politicians and MSM climate correspondents (as long as they BELIEVE) and with green quangos.
When Biden suggested that redundant coal miners should learn to code, the thought crossed my mind that if they did then maybe their first job should be to improve the climate models.
But “improving the climate models” would surely bring the whole pack of cards tumbling down.
New jobs? As Kamala Harris was reported yesterday as saying, Pennsylvanian miners laid off by Biden can always retrain as Mine Clearers. (Yes, I know what I think she thinks she meant…)
Perhaps Kamal would like to show them how to do it.
“Still, what the heck! These highly skilled workers can always relocate and get jobs fitting loft insulation.”
Alternatively, those with an entrepreneurial streak can apply their expertise in optimising solar panel performances for their clients to maximise subsidy harvesting:
https://cleansolar.solutions/uk-solar-panel-cleaning-franchises/
“Maximise subsidy harvesting”. I like that! Is that not what Siemens are doing?
Or, the ex-employees could take up some of US Vice President Harris’ recent advice to soon to be sacked coal miners and oil pipeline workers and turn their attentions to ‘reclaiming abandoned land mines’. They better remember to count their arms and legs after their first shifts though. Could be messy!
For those not favored with much in the way of entrepreneurial skills there is the option of becoming a solar panel squeegee boy.
Just asking: Is it now not on to mention the Pres and VP by name?
OK. I’ll retry my comment again: VP Kamala Harris yesterday said US miners put out of work by her boss suggested they could retrain for ‘mine clearance’. Obviously suffers the same problem as her boss.
….obviously not.
The board virtue signalling with other people’s livelehoods…… just like the pupet in the White House and the cancellation of the Keystone Pipeline.
There may be a Chinese company they could work for.
I think you are all being a little un-fair to the Siemens Board. The fact is, the change in fashions on energy means that no one in Europe is going to be doing much of building coal fired power stations. In a declining market one of the rational courses of action is to get out ASAP and not lose further money “keeping things going” while the orders don’t come in.
The board made the wise decision a while back to split off the profitable side from the part that will go bust in due course. They are not the only ones to have seen that as the way forward.
The Chinese can take over building coal power stations . they are very good at this.
not sure thaat the future is exactly as Siemens imagine it to be :
The issue will be in 5 to 10 years when the green plan has failed and we need a crash investment in CCGT generating equipment and the expertise and ability to produce is not available. I seriously doubt the expertise will be insulating lofts, they might be working in Far East, China, India and maybe Africa as well paid power engineers.
How come Siemens Energy aren’t bidding for some of the work building the 1,250 coal and gas power stations planned for Africa? Why should the Chinese build them all?
In the UK, of course, we would not want to encourage any such regressive forms of electricity generation, so we would much prefer to sit on the sidelines and “tut, tut” at the foolish Africans, who would rather burn coal than wood – gathered from their diminishing forests…
Siemens has just snapped up Rolls Royce lightweight gas turbine power systems to add to their own heavy weight gas turbine power plants.
So they are only turning their back on ‘some’ fossil fuels
The Folks at BBC Socialist Humberside will see this as a victory
for all their campaigning for offshore windfarms
With the Siemens blade factory in Hull, Orsted base in Grimsby and the North Sea filling up with turbines
I wonder if there is news for their gas turbine factory in Lincoln ?
A few days ago they were bragging
We’re pleased to be supplying gas engines for 3 new peaker plants to be built by Conrad Energy. These new gas-fired power plants will feed top-up energy into the grid during peak times to support the UK’s #lowcarbon #energy infrastructure
They also mention working on the Blyth electric battery site “to be site operational by 2023”
If any readers are involved in farming, I encourage them to switch from the NFU which is obsessed with ‘net zero to Farmers for Action who have just sent me a copy of a superb piece on energy they sent to the Western Daily Press. I agree with every word of it.
Charlie F of the Farmers Weekly is a sensible guy.
I expect when the pollies eventually discover that wind and solar alone cannot keep the lights and heat on they will be giving large subsidies to coal and gas energy producers. Back to square one!
Congratulations to Paul, who I see now has Editor status at WUWT.
+1
It looks like the Japanese have come to their senses.
https://www.nst.com.my/amp/world/region/2020/12/650410/japan-removes-two-last-wind-power-turbines
H/T – John Ray’s blog
‘Siemens slashes 7,800 jobs’
Sub editors . . . jeeeeze.
‘The reductions are planned by the end of the 2025 financial year, with a large part to be implemented by the end 2023.’
Slash?
verb (used with object) – to cut with a violent sweeping stroke or by striking violently and at random, as with a knife or sword.
Cirrusly? A 3 to 5 year ‘slash?’
No, it means pissing on all 7,800 of them.
Yup, more “high tech green jobs” that are “shovel ready.” Just ask Biden’s “Climate Czar” John Kerry. He knows how to use a shovel…
PS – That’s from here, btw…
https://www.villagevoice.com/2004/02/17/when-john-kerrys-courage-went-m-i-a/
If you want to create jobs, why not use spoons?
BBC : “Prosperity comes at ‘devastating’ cost to nature”
By Helen Briggs BBC Environment correspondent
https://www.bbc.co.uk/news/science-environment-55893696
OPEN COMMENTS …why ?
Is it the Greenpeace website ?
Apologies if this has been brought to our wider attention before, it’s the rebuttal of Micheal Moore’s ‘A Planet Fit for People’. The narrator is Stephen Fry and he’s well and truly on-message. See how long you last, I managed the whole lot, with the aid of drink. 16 minutes.
Keystone XL is not the only pipeline in the US that the ruling party are intent on shutting down. Expect to hear more about line 5 in the US state of Michigan during the year.
Line 5 feeds Line 9 into Montreal Canada and that provides roughly two-thirds of the crude oil refined and consumed in that province.
Enbridge says it won’t comply with easement revocation, plans to continue operating Line 5
https://eu.detroitnews.com/story/news/local/michigan/2021/01/12/enbridge-not-comply-easement-revocation-continue-line-5-operation/6630978002/
Somehow I don’t think the Canadians will be very happy with reduced wealth transfers from the province of Alberta (Equalization payments) especially in Quebec, in 2020 Alberta became a ‘have not’ province, i.e. the wealth flowed the other way.