Siemens boss sacked after profit warnings


Siemens chief executive Peter Loescher is to leave the company following the latest profit warning from the company. Loescher was sacked for not following through on promises of growth and profitability.

(Euronews YouTube channel)

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Most Discussed
This Week's Magazine »

Cover Story

Get connected
Nidal Abou-Ltaif, president of Avaya International, explains how the telecoms equipment giant is taking on new technology, new challenges and new markets.

Also in this issue

Subscribe Now