MUNICH, GERMANY - AUGUST 23: The headquarters of German engineering conglomerate Siemens AG stands at twilight on August 23, 2018 in Munich, Germany. According to news reports Siemens CEO Joe Kaeser indicated to investors this month that Siemens could shed up to 20,000 employees, mostly in administrative roles, in a bid for improved efficiency. (Photo by Lennart Preiss/Getty Images)
