Thread regarding ABB Ltd. ADS layoffs

The Swiss guru\'s now have a novel play: guess what? We\'ll cut costs? And guess what after that? We\'ll acquire? And what\'s also the mantra...

The Swiss guru\'s now have a novel play: guess what? We\'ll cut costs? And guess what after that? We\'ll acquire? And what\'s also the mantra of the day? Renewable energy! OK, we\'ll do this as well. I mean come on, how likely is it for this plan to work. We are doing what everyone is doing, crowding into an already overcrowded field. Now the rumor is that we are poised for a big acquisition in the automation field - and what is this going to solve? Raise sales, help with costs, affect the margins? No, debt will further strangle us and it shall strangle this already frail company.

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