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Turbine from Siemens Gamesa: The group is cutting a number of jobs
Photo: Vincent West / REUTERS
The ailing wind turbine manufacturer Siemens Gamesa wants to cut thousands of jobs because of a conversion program.
The Spanish-German group is cutting 2,900 of its 27,000 jobs worldwide in the face of red figures, as the subsidiary of the energy technology group Siemens Energy announced in Zamudio.
A large part is to be lost with around 800 jobs in Denmark, 475 jobs are affected in Spain and 300 in Germany. The company will work with the employee representatives, with preference being given to natural fluctuation or internal transfers.
Just one more development team
Gamesa face high costs, material shortages and problems with its land turbines.
The group expects losses for the current 2021/22 financial year - it has already had to lower its forecast several times.
In order to stabilize profitability and improve it in the medium term, company boss Jochen Eickholt wants to reorganize the group.
The aim is to standardize the various structures and technologies.
In the future, only one development team is planned across all platforms, the same applies to production.
In addition, Gamesa had announced that it wanted to check the capacities.
Eickholt hopes that this will result in simpler and leaner processes.
Majority shareholder Siemens Energy has meanwhile announced that it wants to take over the ailing subsidiary completely.
The new, leaner structure will come into effect on January 1st.
Siemens Gamesa Renewable Energy is based in the Spanish Basque Country.
The company manufactures wind turbines for land and sea and is one of the world's largest suppliers.
In 2017, Siemens had merged its own wind power division with Gamesa, but at the time left the Spaniards the headquarters of the combined company and management of the onshore business.
Siemens Energy has been trying to stabilize the situation at Gamesa for some time.
For example, managers from Siemens Energy moved to top positions in Spain: So did Jochen Eickholt, who has been head of Gamesa since the beginning of March.
ani/dpa
