In its restructuring process, Siemens Energy aims to create simpler hierarchies. In addition, it will structure its gas and electricity activities into three areas of activity from October.
Siemens Energy, that a bid for the remaining 33% in Gamesa. to acquire, will reduce hierarchies and eliminate 30% of previous management positions, as reported in a statement. In addition, it will structure its gas and electricity activities in three activity areas from Octoberwhen your fiscal year 2023 begins.
The new structure of Siemens Energy envisages three business areas in the Gas and Electricity segment: gas serviceswhich brings together the traditional activities of turbines and power plant services; network technologieswhich includes both electricity transmission and storage, and the industry transformation areawhich groups the activities in the field of water electrolysis and other industrial applications.
With this restructuring Siemens Energy aims to reduce complexity, create simpler hierarchies, shorten decision-making processes and enhance employees’ individual sense of responsibility.
Siemens Gamesa reported on Tuesday at a meeting with investors and analysts in Germany of its strategy for the coming years The CEO of Siemens Energy, Christian Bruchohas said they want to be “faster, more flexible and more customer-oriented.”
Siemens Energy has cut costs by EUR 350 million in the first half with cost-saving measures.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
