Organizational structure

Our business is international in scope and we generate revenues in numerous currencies. We operate in approximately 100 countries across three regions: Europe, the Americas, and Asia, Middle East and Africa (AMEA). We are headquartered in Zurich, Switzerland.

We manage our business based on a divisional structure, comprising Electrification Products, Industrial Automation and Robotics and Motion. For a breakdown of our consolidated revenues (i) by operating division (ii) by geographic region (iii) by end-customer markets and (iv) by product type, see “Analysis of Results of Operations – Revenues”. We also operate our Power Grids business, which is reported as discontinued operations in the Consolidated Financial Statement (see the “Discontinued Operations” section).

A breakdown of our employees by geographic region is as follows:

 

December 31,

 

2018

2017

2016

Europe

68,300

63,000

61,400

The Americas

35,600

28,800

29,000

Asia, Middle East and Africa

42,700

43,000

41,900

Total

146,600

134,800

132,300

The proportion of our employees that are represented by labor unions or are the subject of collective bargaining agreements varies based on the labor practices of each country in which we operate.