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Update: Market Chatter: Siemens to Reportedly Reorganize Digital Industries Units Into Automation Business

MT Newswires·09/28/2026 03:14:18
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03:14 AM EDT, 09/28/2026 (MT Newswires) -- (Updates with Siemens' statement) Siemens (SIE.F) Chief Executive Officer Roland Busch reportedly plans to reorganize the company to streamline its offering and boost profitability, Bloomberg News reported Sept. 26. As part of the restructuring, four units within the German technology group's Digital Industries division will be combined into an automation business, effective Thursday. When reached for comment, Siemens referred MT Newswires to Busch's speech on the group's artificial intelligence and data center business during the company's fiscal third-quarter results. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)