Now that its realignment is complete, Siemens is driving its transformation into a digital industrial company and setting the course for innovation and further growth.

As a result of the previously announced increase of more than €1 billion in investment in research and development, productivity and global sales, Siemens will keep the number of new hires at a continuously high level in the years ahead. In particular, the company expects to hire at least 25,000 new employees worldwide in each of the coming years - around 3,000 of them in Germany.

At the same time, Siemens is continuing to respond vigorously and responsibly to structural and technological changes in individual businesses and markets. For example, as already announced, increasing competitive intensity in the oil and gas, metals and mining sectors has made a realignment of capacities at Siemens' Process Industries and Drives (PD) Division necessary.

A total of about 2,500 jobs worldwide - of which 2,000 are in Germany, primarily in Bavaria - will be affected by the realignment of the Division's two Business Units Large Drives and Process Solutions. However, current locations will be retained.

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