Group closes power plant in Vienna

by times news cr

Automation instead of jobs

siemens closes Vienna plant


November 28, 2024 – 8:35 p.mReading time: ⁣1 Min.

Siemens headquarters in Vienna​ (archive image): The management will remain in ⁤place, but othre ⁤jobs will be ⁢automated away or relocated to romania. (Source:⁤ Weingartner photo/imago-images-bilder)

178 employees will soon be​ without a job:⁢ Siemens is closing its power plant for ‌industrial electricity in Vienna at ‌the end ⁣of 2026. This is the third bad news in ‌a row for Austria’s‍ economy.

In order to keep up​ with international competition, the ⁢energy ⁢and industrial group Siemens is ‍closing its Vienna factory for industrial power supplies ⁢by the end of 2026. 178 ​employees would then need⁤ a ‌new job,⁣ write the news portal ‍“oe24” and the⁤ Austria Press Agency, citing a company ⁤broadcast on Thursday. The company⁣ said there are currently ⁤only around a hundred open positions at ⁣Siemens in austria.

It was also said that ⁤siemens wanted⁢ to automate larger parts of its production and ​produce more in Romania. The management ⁣of ‌the global​ business for industrial⁤ power supplies will remain in Vienna. This​ also⁤ applies to the research and progress center and product and quality management. In total, around 9,300 people work⁤ for Siemens in Austria. In the 2023 financial year, sales were 3.2 billion euros.

It was ⁣only on Wednesday that the German automotive supplier Schaeffler ⁢announced that⁤ it ⁢would be⁤ closing its ‌location in ‌Berndorf,​ Austria,⁤ where ​wheel bearings, wheel hub modules and transmission bearings are currently being manufactured. This especially applies to‌ products for trucks, ⁣tractors‌ and⁤ construction machinery.You ⁢can ⁢read more‍ about the​ Schaeffler closure hear.

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