Industrial group Siemens plans to abolish most chief titles for executives under its One Tech Company strategy program.
The reorganization affects leadership positions across the group. Insiders from industry circles told Handelsblatt that chief titles are to be largely abolished.
The move is part of the One Tech Company program. Reports indicate unrest within the company over the planned changes.
The information originates from Munich, where Siemens is headquartered.
Reportado por IA Imagem gerada por IA
The carmaker's supervisory board approved CEO Oliver Blume's restructuring plan on Thursday. A decision on possible plant closures was postponed.
Siemens Energy intends to rename itself prematurely because the company pays high annual fees for using the Siemens name.
Reportado por IA
Oliver Blume will present his restructuring plan titled „Group Target Picture 2030“ to the Volkswagen supervisory board on July 9.
The European Commission is preparing to present its Tech Sovereignty Package. The measures aim to reduce Europe's dependence on semiconductors, cloud services and AI.
Reportado por IA
Volkswagen is considering a radical reduction of up to 100,000 jobs worldwide. This emerges from internal plans presented by CEO Oliver Blume to the board.
Constanze Buchheim of i-potentials criticizes inconsistent leadership culture in German SMEs in a Handelsblatt interview.
Reportado por IA
Börje Ekholm will leave his position as CEO of Ericsson on 30 September after nearly ten years. He is succeeded by Per Narvinger who has worked at the company since 1997.