Siemens reports and exuberant future ahead for all sectors with recent profit reports exceeding YOY expectations. Doubling down on AI investments, process automation and continued offshoring. Shareholder valuations exceed expectations and further growth. No recession in sight for Siemens.
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Depends what part and where in Siemens you works. Emerging India and international is doing great. Heavy investing. U.S. extremely slow growth if any. Slowly falling into a recession.
Plenty of money to go around. Borrow billions at 1.5% invest in bonds at 5% leaves plenty of money to keep the machine going and saturate the media and employees with fake news on YOY growth etc. our branch is falling apart. Haven't sold much all year and still the fake corporate news continues. Branch says we are in a bad position but corporate says we have never been better. Can't believe anything anymore.
Great News. LOL
Siemens is an enormous company and headquarters in Germany. The cost of doing business stateside is outrageous and the geopolitical conditions are extremely fragile. Siemens will always do what's best for the shareholders. Eliminating jobs stateside and streamlining processes overseas is part of the financial formula for positive returns. It's painful for US longtime hardworking employees but then again Siemens is a very large machine that will always look in the best interest of their own pockets. Profits are probably fantastic which hopefully results in continued employment and increased wages. Keep positive and always be sure to look out for your own self interest in saving and investing if you can. Jobs come and go and Siemens is a great place along the journey. Large companies like Siemens can't hold on to everyone and some decisions are harder than others. Enjoy the ride and hopefully their profits are shared back into the organization with the hard working people that help create them.
According to CNN just about every company invested in infrastructure, energy and mobility is over leveraged which will require financial level setting in 2025. That means mass layoffs
The organization is extremely fat with management. Branch report for AG shows 1 and 6 employees has a management title! I'm sure some of those heads will get cut in 2025
They just laid off 4100 in wind turbine division which freed up some capital to play with.
They are reshuffling the cards merging profitable sectors with unprofitable sectors renaming and relabeling them to show profit. Very common process in very large companies especially when they see tough times ahead.
Keep drinking the coolaid...Everything is great, wonderful, fantastic. Big raises for everyone. Siemens owns a money print. Life's great
Agreed on Fake News.
When US rates are 2% and every corporation borrows billions to offset the loss of real profits anyone can cook the balance sheet to show phony profits. I'm calling fake news on this post!
BIG Raises for all!!! Wooohoooooo
Don't they claim the same thing right before 2008 crash???????