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Illustration 19276996 / Dirk Erck / Dreamstime
Iillustration 19276996 / Dirk Erck / Dreamstime

Siemens announces intentions to save $7 billion through new efficiency initiative

Nov. 8, 2012
This Bloomberg posting is just one of many reports on the web today about Siemens’ plans to save more than $7 billion globally in an efficiency program. Still no definitive word on the future of its Osram lighting unit, although it appears the company ...

This Bloomberg posting is just one of many reports on the web today about Siemens’ plans to save more than $7 billion globally in an efficiency program. Still no definitive word on the future of its Osram lighting unit, although it appears the company still wants to spin it off. Here’s a Bloomberg video with Siemens CEO Peter Loescher.