Siemens Gamesa's parent firm plans 7,800 layoffs

Siemens Energy is planning to cut costs markedly ahead of 2025 to bolster its margins. The downsizing bypasses the wind turbine manufacturer this around, however.

by MAZ PLECHINGER

One year into Siemens Gamesa's existence, the OEM announced a draconian cost-cutting plan. More or less the same thing is happening right now with the manufacturer's new parent company, Siemens Energy, which on Tuesday reveals its intention to reduce its staff count by around 7,800. These personnel, though, will be dismissed from the group's other division, Gas and Power.

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