{"id":398817,"date":"2021-02-03T11:34:22","date_gmt":"2021-02-03T06:04:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=398817"},"modified":"2021-02-03T11:34:22","modified_gmt":"2021-02-03T06:04:22","slug":"siemens-energy-to-cut-7800-jobs-in-bid-to-raise-margins","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/siemens-energy-to-cut-7800-jobs-in-bid-to-raise-margins\/","title":{"rendered":"Siemens Energy to cut 7,800 jobs in bid to raise margins"},"content":{"rendered":"<p>FRANKFURT: Siemens Energy, which supplies turbines to the power sector, said on Tuesday it will cut 7,800 jobs, or 8.5% of its workforce, by 2025 to raise margins and competitiveness.<\/p>\n<p>&#8220;The energy market is significantly changing which offers us opportunities but at the same time (it) presents us with great challenges,&#8221; Chief Executive Officer Christian Bruch said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FRANKFURT: Siemens Energy, which supplies turbines to the power sector, said on Tuesday it will cut 7,800 jobs, or 8.5% of its workforce, by 2025 to raise margins and competitiveness. &#8220;The energy market is significantly changing which offers us opportunities but at the same time (it) presents us with great challenges,&#8221; Chief Executive Officer Christian Bruch said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-398817","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=398817"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398817\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=398817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=398817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=398817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}