Siemens CEO: 'We Need to See Calm Restored'

Siemens CEO: 'We Need to See Calm Restored'

SPIEGEL ONLINE - August 07, 2013

After the recent turbulence at Siemens, the company's new CEO, Joe Kaeser, tells SPIEGEL why the company needs a fresh start. more... Comment ]

Peter and the Wolves: How Siemens Lost Its Way

Peter and the Wolves: How Siemens Lost Its Way

SPIEGEL ONLINE - August 07, 2013

Siemens is a massive global conglomerate, building everything from trains to power plants. In-fighting and last week's ouster of CEO Peter Löscher are just a few indications of a German giant's decline. The company must find new markets to regain success. By Dinah Deckstein, Martin Hesse and Thomas Tuma more... Comment ]

Management Shake-Up: Baggage Hampers Fresh Start at Siemens

Management Shake-Up: Baggage Hampers Fresh Start at Siemens

SPIEGEL ONLINE - July 31, 2013

Joe Kaeser has been voted in unanimously as the new Siemens CEO in a triumph for supervisory board head Gerhard Cromme, who has defeated his critics for now. If the company truly wants a fresh start, though, it will have to part ways with Cromme too. By Dinah Deckstein and Florian Diekmann more... Comment ]

World from Berlin: 'An Icon of German Industry Is Wobbling'

World from Berlin: 'An Icon of German Industry Is Wobbling'

SPIEGEL ONLINE - July 29, 2013

Siemens, a pillar of Germany's proud industrial reputation, has fired its CEO Peter Löscher for presiding over a series of mishaps and failing to meet earnings goals. German commentators welcome his departure and say chief supervisor Gerhard Cromme should go too. more... Comment ]

Passing the Buck: Siemens Blames Others for Delayed Deliveries

Passing the Buck: Siemens Blames Others for Delayed Deliveries

SPIEGEL ONLINE - May 03, 2013

Due to a series of glitches, German electronics giant Siemens has once again been unable to deliver trains on time. Instead of assuming responsibility for the problems, management is trying to pin the blame on suppliers and government agencies. By Dinah Deckstein more... Comment ]

Inflated Salaries: Merkel Joins Battle against Executive Pay

Inflated Salaries: Merkel Joins Battle against Executive Pay

SPIEGEL ONLINE - March 13, 2013

Both the European Union and Switzerland have drawn a line in the sand recently when it comes to excessive compensation packages. Now, Berlin too wants to cap salaries. For Chancellor Merkel, the move marks a U-turn, but with growing public discontent, she had little choice. By SPIEGEL Staff more... Comment ]

The World from Berlin: Siemens Problems 'Can Hardly Get Worse'

The World from Berlin: Siemens Problems 'Can Hardly Get Worse'

SPIEGEL ONLINE - November 23, 2012

Engineering giant Siemens is in the hot seat after it was revealed on Thursday that the company will be unable to deliver high-speed trains on time, spelling delays and cancellations this winter in Germany. Media commentators say that company management is to blame for this and other recent disasters. more... Comment ]

Making Trolleys Out of Trucks: 'Green' Transport Idea Is Expensive Folly

Making Trolleys Out of Trucks: 'Green' Transport Idea Is Expensive Folly

SPIEGEL ONLINE - July 06, 2012

The German engineering giant Siemens is researching the idea of using overhead electricity lines to power truck traffic. But the state-supported project makes no sense. It would cost billions to implement -- and only lead to higher fuel consumption and more pollution. By Christian Wüst more... Comment ]

Monitoring the Opposition: Siemens Allegedly Sold Surveillance Gear to Syria

Monitoring the Opposition: Siemens Allegedly Sold Surveillance Gear to Syria

SPIEGEL ONLINE - April 11, 2012

German engineering giant Siemens and a spinoff company allegedly sold surveillance technology to the Syrian regime, according to a German television report. The government could be using the equipment to crack down on opposition supporters, human rights activists warn. more... Comment ]

Response to Fukushima: Siemens to Exit Nuclear Energy Business

Response to Fukushima: Siemens to Exit Nuclear Energy Business

SPIEGEL ONLINE - September 19, 2011

Siemens plans to pull out of the nuclear energy business, CEO Peter Löscher told SPIEGEL. After the Fukushima nuclear disaster "the chapter is closed," he said. The company will expand its renewable energy activities instead. more...