Why Siemens is Hiring Indian Techies Amidst Massive Layoffs?

Siemens is hiring Indian techies for various job roles, offers WFH amidst massive layoffs

As a part of a big tech layoff, Siemens announced that it'll cut-off jobs in countries like Demark, Spain, and the UK. Amidst the massive layoffs, Siemens is hiring Indian techies for various job roles in its transportation, infrastructure, and healthcare units. it has also announced a program for freshers.

As recently, tens of thousands of tech workers who had been in positions that were regarded as stable and well-paying had to leave their jobs. They are looking for new jobs as the tech sector is being hammered particularly hard by the general economic crisis. Siemens Gamesa has announced that nearly 2,900 jobs will be cut off as part of their new business model. Siemens said that they are implementing the restructuring of their operating model. Indian techies are on a roll as Siemens has announced recruiting of employees. Siemens Indian techies can choose to work remotely at their convenience.

The world's largest provider of renewable energy, Siemens Gamesa, has stated it will eliminate over 3,000 positions as it attempts to turn around its financial situation.

A statement issued by the Siemens group said, "To realize the company's projections for growth, Siemens Gamesa is working to strengthen specific areas within key leading markets to capitalize on its strong market position in offshore, as well as growing across the entire value chain and driving a project-centric business approach."

The action is a part of a review of the company's strategy called Mistral, which was unveiled last year to streamline operations in light of growing financial losses. As issues remained with its onshore wind operation, Siemens Gamesa suffered.

Due in part to rising logistics and metals costs, the manufacturer of wind turbines reported significant losses for the first quarter of the year. This led Siemens Energy, the majority owner, to lower its financial projections for 2022 in April.

According to the corporation, around 800 employees will be lost in Denmark, 475 more jobs will be lost in Spain, 300 in Germany, and approximately 50 in the UK. The company predicted that additional job losses will occur across all of its international operations, totaling around 2,900 layoffs. 27,000 people are employed by the organization worldwide. The corporation stated that "details for all concerned nations would be specified in discussions with the workers' councils."

In a statement, CEO Jochen Eickholt stated, "It is never easy to make such a decision but now is the moment to take strong and essential efforts to turn the company around and secure a sustainable future." To maintain our status as a major participant in the transition to green energy, Siemens Gamesa must become stronger and more competitive.

The business announced that it would start talks with employee representatives about the layoffs. By January 1st, 2023, Siemens Gamesa hopes to have a new operational model and structure in place. The corporation stated that it anticipates employment cuts to start in the next two years or so and be finished by 2025.

The coronavirus pandemic's effects on the supply chain led to various financial difficulties for major wind turbine manufacturers in recent years. Siemens Gamesa has experienced particular difficulties launching new products and carrying out projects with its onshore wind unit. Earlier, Siemens Energy made a buyout offer to acquire the company in its entirety.

About 67% of Siemens Gamesa is currently owned by Siemens Energy. Early in September, Siemens Energy announced that it had raised US$940.3 million to aid in financing its intended acquisition, which is estimated to cost US$3.9 billion.

Siemens is hiring in India for a range of positions. In the fields of industry, infrastructure, transportation, and healthcare, the company is a technological leader.

The organization made the following statements regarding the hiring process: "We want to hear from you if you're excited to shape tomorrow's ideas. You will be one of the 293,000 finest minds influencing humankind's future."

For fresh graduates who are keen to advance up the corporate ladder, the company also offers a Graduate Program. The company claims that the training makes it easier for new hires to grasp their unique skill sets and opportunities for future promotion within the company.

The firm commented on the Graduate Program, saying, "As an ambitious graduate, it's obvious that you desire to achieve the top. But there are numerous obstacles in the way. Because of this, it's crucial to recognize your talents and shortcomings and ensure that you are working with the right partners. That is precisely the purpose of our Siemens Graduate Program.

"It gives everything you need to start a successful career at Siemens in two years and three distinct assignments. People that desire to take on tomorrow's difficulties are what we're looking for. Do you believe you possess the necessary skills? The organization continued, "Then we look forward to receiving your application.