Reported 4 months ago
Siemens Gamesa, a division of Siemens Energy, intends to reduce its workforce by 4,100, representing about 15% of its employees, according to Chief Executive Jochen Eickholt in an internal communication seen by Reuters. The decision is driven by the need to adjust to lower business volumes and market dynamics. Siemens Energy will confirm the exact number of affected jobs after completing consultations with stakeholders, with plans to maintain overall workforce stability by reallocating roles and hiring in other areas within the division.
Source: YAHOO