Jochen Eickholt confirms layoffs

Without quantifying or specifying which sites will see job cuts, the turbine maker remarks that two segments in particular will need to see staff reductions. But it’s a balance, says CEO.
Photo: Simon Fals
Photo: Simon Fals
BY MAZ PLECHINGER, TRANSLATED BY CHRISTOFFER ØSTERGAARD

Earlier this year, the headcount at Siemens Gamesa topped 27,000. Even discounting the considerable number of executives still covered by severance agreements after several top-level terminations in recent months, the number of employees is currently at it highest level since the draconian round of layoffs that was carried out as part of the L3AD2020 cost-cutting plan at the end of 2017.

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. | Foto: Senvion

    Nordex restarts production in the US

    For subscribers

    Further reading