Lots of layoffs - Logistics Siemens Employee Review

3.0
10 Jul 2015
Recommend
CEO approval
Business outlook

Pros

Excellent benefits...good coworkers...some managers do protect their employees

Cons

Siemens grows by acquisition, rather than by organic growth. Because of this, billions are spent on buying other companies, not integrating them, realizing they have 50 people doing the same job and cutting 50% of them. This acquisitions don't always work so billions are lost and Siemens AG must rectify this by cutting jobs and salaries in the US rather than the home country.

Explore other reviews about Siemens

5.0
25 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great company and great people to be around

Cons

There are no cons from my perspective

4.0
21 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Competitive pay, flex vacation/ PTO

Cons

Organizational restructuring seems more frequent than other companies I’ve worked for. Constant changes in processes. In four years I’ve seen change in incentive plan twice and not for the better even though they’ll tell you it is. You can make great money in sales still. Corporate alignment of rollouts of product timeline v. actual reality in the area level.

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