Siemens imposed 30% cost increase on manufactured products sends shock waves to all consumer channels. Shareholders respond with massive sell off of Siemens stocks.
6 replies (most recent on top)
30% for all business groups? That's a big mistake.......
WOW!!!!! 30%!!!!! OUCH
Reactive Leadership Decision
Here come the layoffs!!!
Siemens leadership should be fired for this decision! Awful
Why 30%? Extremely aggressive move since US hasn't finalized with China etc! So much for future backlog of work!!!