Siemens Gamesa plans to cut 4,100 jobs, or 15% of its workforce, due to lower business volumes and reduced market activity.

Siemens Energy's wind turbine division, Siemens Gamesa, plans to cut 4,100 jobs, or around 15% of its workforce, according to an internal letter from CEO Jochen Eickholt. The job cuts aim to adapt to lower business volumes, reduced activity in non-core markets, and a streamlined portfolio. Siemens Energy will announce the number of jobs affected once consultations with stakeholders are completed.

May 28, 2024
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