Maybe they stopped after splitting of Energy: https://www.reuters.com/business/siemens-supervisory-board-employee-reps-against-further-splitting-up-2022-08-03/

Maybe they stopped after splitting of Energy: https://www.reuters.com/business/siemens-supervisory-board-employee-reps-against-further-splitting-up-2022-08-03/ https://www.reuters.com/business/siemens-supervisory-board-e... My understanding was that they will completely split into many small parts, but it seems that they came to their senses.