Turbulence at Siemens Gamesa hits at worst possible time

With the merger between Danish-German Siemens Wind Power and Spain's Gamesa, the idea was to create the dream team in wind power. Instead, it seems that the company has found itself in the midst of internal division while the global wind market has dialed up competition.
Photo: Ritzau Scanpix/Henning Bagger
Photo: Ritzau Scanpix/Henning Bagger

ANALYSIS: Popular and competent managers had to give up their jobs to Spanish employees in order to achieve a fragile, political balance. Specialists are actively seeking jobs with competitors, and other employees are openly stating their – negative – thoughts about the merger on social media , while they are herded through rounds of layoffs.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Photo: Senvion

    Nordex restarts production in the US

    For subscribers

    Further reading