Siemens Building Technologies controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2006
Siemens pension-fund and financial-conduct controversy
The referenced account describes a financial scandal involving alleged disloyalty, corruption, and the diversion of kickbacks to private accounts. Siemens responded by tightening employee conduct rules. It also states that a dismissed portfolio manager repaid CHF 400,000 connected with the allegations.
2002
Controversy surrounding Siemens Metering restructuring
The sale of seven Siemens subsidiaries to KKR drew attention to the impact on Siemens Metering in Zug, where the referenced account reported 160 job losses among 360 employees. The episode was connected to the earlier Siemens–Landis & Gyr merger and was later discussed in a documentary about Landis & Gyr’s corporate history.