Siemens Gamesa

Largest share of affected posts in Europe as Mistral strategy review aims to recast loss-making operation.

We need to build a stronger and more competitive Siemens Gamesa to secure our position as a key player in the green energy transition.” The company said cuts will also be announced elsewhere in its global operations. However, the troubles at the onshore unit, which has seen high-profile product introduction and project execution challenges, have put the Spanish-German OEM under particular pressure, with majority owner Siemens Energy last year launching a long-expected bid to take full control of the business.

September 29 (Renewables Now) - Wind turbine maker Siemens Gamesa Renewable Energy SA (BME:SGRE) will terminate some 2900 job positions around the world i.

We need to build a stronger and more competitive Siemens Gamesa to secure our position as a key player in the green energy transition,” CEO Jochen Eickholt was quoted as saying. More cuts are planned in other countries around the world. Sep 29, 2022 17:24 CEST

Wind turbine maker Siemens Gamesa plans to cut 2900 jobs, mostly in Europe, as part of a plan to return to profitability…

Further job cuts are planned in other countries, it added. Siemens Gamesa's woes prompted parent Siemens Energy to launch a bid in May for the roughly one-third stake in the turbine group it does not already own and take it private to nurse it back to health. Wind turbine maker Siemens Gamesa plans to cut 2,900 jobs, mostly in Europe, as part of a plan to return to profitability, it said in a statement on Thursday.

The number amounts to around 10% of the turbine maker's workforce, with half of the impacted jobs in Siemens Gamesa's major European countries, including ...

Additionally, and in order to realise the company's projections for growth, Siemens Gamesa is working to "strengthen specific areas" within key leading markets to "capitalise on its strong market position in offshore", as well as growing across the entire value chain and driving a "project-centric" business approach. “We need to build a stronger and more competitive Siemens Gamesa to secure our position as a key player in the green energy transition,” said Siemens Gamesa CEO Jochen Eickholt (pictured). “It is never easy to make such a decision, but now is the time to take decisive and necessary actions to turn the company around and ensure a sustainable future.

2900 people are set to lose their jobs as Wind turbine maker Siemens Gamesa plan to return to profitability.

Wind turbine maker Siemens Gamesa said Thursday it plans to slash 2900 jobs worldwide, or about 11 percent of its total workforce, as part the company's ...

Siemens Gamesa said it was working to "strengthen specific areas" in leading markets to "capitalize on its strong market position in offshore". Siemens Energy, the parent company of Siemens Gamesa, in May launched a bid for the roughly one-third stake in the wind turbine maker which it does not already own to take it private. Europe will bear the brunt of the job cuts, with Siemens Gamesa set to slash 800 positions in Denmark, 475 in Spain and 300 in Germany, the German-Spanish company said in a statement.