The supervisory board of Siemens AG has approved the proposed radical restructuring of the company that creates 15 smaller divisions out of the seven present ones, and reduces the layers of management to three from seven so as to make the Munich company more responsive to change.
The supervisory board of Siemens AG has approved the proposed radical restructuring of the company that creates 15 smaller divisions out of the seven present ones, and reduces the layers of management to three from seven so as to make the Munich company more responsive to change.
