Siemens Gamesa Energy Sector projections fall from 10-12% for 2023 landing at 2% growth. Automation and offshoring backfire with longer ramp up time resulting in stagnant growth. Immediate restructuring plans are in motion for 2024
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Stock is up but employees are down. The morale and culture is suffering. Cost reductions have been made with no understanding of ramifications.
All areas are significantly down. Over projected sales targets coming off the lowest rates in global history and uncontrollable inflationary measures. Real growth will fall between 1-2% this year and next.
heard DI sales are bad. sounds it can affect R&D.
Oh you mean all that AI talk, Cryptic Technology Displacement and Offshoring from US to India and other countries backfired after displacing thousands of hard working people????
Just Siemens Gamesa? How about Healthineers or AG?
Gamesa Wind Turbine Issues