Siemens Energy has announced plans to reduce up to 400 million euros in costs at its Spanish wind turbine subsidiary, Gamesa, in order to make it profitable. This move could potentially lead to job cuts as part of the restructuring efforts. Recent statements from the company indicate that workforce adjustments will be made, with hopes to maintain a stable number of employees in the future.
Siemens Gamesa had nearly 29,300 employees globally as of September 30 of last year, with significant numbers in countries like Denmark, Spain, and Germany. The company is focusing on areas like offshore wind energy for growth while addressing workforce changes.
The exact impact of the workforce reductions is still being evaluated and will involve negotiations with worker representatives in the coming months. Management changes at Siemens Gamesa include the departure of CEO Jochen Eickholt and the appointment of new leader Vinod Philip. The restructuring efforts aim to streamline central functions like Human Resources, Legal, and IT under a unified global management structure. These changes are intended to improve efficiency and transparency within the company.
Union representatives at Siemens Gamesa have expressed concerns about the workforce adjustments but noted a positive commitment to onshore wind activities. The new CEO’s commitment to the development of business in Spain is crucial for labor unions who seek clarity and assurances regarding the company’s future plans. Discussions will continue as Siemens Energy navigates these organizational changes in the coming months.
