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Windtech International - Siemens Gamesa to cut 4,100 jobs

Windtech International - Siemens Gamesa to cut 4,100 jobs
windtech-international.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from windtech-international.com Daily Mail and Mail on Sunday newspapers.

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WindAction | Siemens Energy's Gamesa to cut 4,100 jobs, CEO says in staff letter

Siemens Energy's wind turbine division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its workforce, the unit's Chief Executive Jochen Eickholt said in an internal letter to staff seen by Reuters on Tuesday. "Our current situation demands adjustments that go beyond organizational changes. We have to adapt to lower business volumes, reduced activity in non-core markets, and a streamlined portfolio," Eickholt said in the letter.

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Siemens Energy's Gamesa to cut 4,100 jobs, CEO says in staff letter

Siemens Energy's Gamesa to cut 4,100 jobs, CEO says in staff letter
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Siemens Gamesa's Turnaround Plan Underwhelms, Shares Fall

Struggling wind turbine maker Siemens Gamesa said on Tuesday it would cut costs and capacity on its long path towards profit…

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