Siemens Gamesa, the wind turbine division of Siemens Energy, has announced plans to cut its workforce by 15 percent, eliminating 4,100 jobs. Reuters I reported it.
The information was revealed in an internal letter by Siemens Gamesa CEO Jochen Eickhold, who said: “The current situation calls for adjustments that go beyond organisational changes.
“We need to adapt to declining business volumes, reducing activity in non-core markets and streamlining our portfolio.”
A company spokesman said the exact number of jobs affected would be confirmed once consultations with stakeholders were completed.
Siemens Energy is declining to comment further at this stage. News of the job cuts follows Siemens Energy's recent announcement of a major restructuring of Siemens Gamesa, in which the company had already hinted at possible job cuts.
Eickhold stressed his intention to maintain Siemens Gamesa's overall employee headcount by reallocating positions and increasing hiring in other areas of the business.
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The strategy was previously mentioned by Siemens Energy CEO Christian Bruch.
“Management and I recognize that today's announcement is a difficult one, especially given the challenges we have faced over the past year,” Eichholt added.
“However, I want to stress that our wind business, including onshore, has a promising future.”
In May 2024, Eickhold announced that amid ongoing reforms, he would step down as CEO in July and hand over leadership to Vinod Philip, global functional head for Siemens Energy.
The restructuring plan includes a strategic shift towards onshore wind power in regions with more stable regulatory frameworks, with a particular focus on Europe and the United States.
The aim is to increase profitability and better meet market demand. As part of this strategic move, Siemens Energy has begun the sale of its Indian wind turbine business, a subsidiary of Siemens Gamesa.
