Siemens Energy to Cut 7,800 Jobs

Siemens Energy to Cut 7,800 Jobs

Assessment

Interactive Video

Business, Social Studies, Engineering

University

Hard

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The video discusses the restructuring of a company in response to shifts in the energy market, including job cuts and a transition from coal to renewable energy. It highlights the company's strategy to balance profitability with investment in new technologies, such as green hydrogen. The discussion also covers the company's current revenue split between sustainable and conventional technologies, and its plans to increase the share of renewables. Additionally, the video addresses a legal issue regarding trade secrets and explores market opportunities in the US and Europe.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company view the future of the energy market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the company's plans regarding the transition to renewable energy sources?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions is the company taking in response to the trade secrets claim from General Electric?

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