Siemens Gamesa announces 2,900 layoffs, of which 475 in Spain

Siemens Gamesa announced this Thursday a cutout in your template with 2,900 dismissals, of which 475 in Spain, within the framework of its strategic program ‘Mistral‘ to achieve sustainable growth. This has been reported by the manufacturer of wind turbines through a statement.

The company has three plants in the CAV (Zamudio, Asteasu and Mungia) —a workforce of 1,011 workers— and another two in Navarra (Sarriguren and Arazuri) —1,823 workers—. The cut announced today will affect just over 9% of the total workforce that the group that emerged from the merger of Gamesa with the Siemens wind power division has in Spain, which amounts to a total of 5,097, according to company data.

The company has specified that it will collaborate closely with the workers’ representatives to minimize the impact of the cut, prioritizing voluntary departures and relocations, beginning the period of negotiation in early October 2022.

This adjustment plan will mainly affect Europe, where, in addition to Spain, there will be workforce cuts in Denmark (800), Germany (300) and the United Kingdom (50).

The CEO of Siemens Gamesa, Jochen Eickholtstated that “it is never easy to make a decision of this kind, but now is the time to carry out the necessary measures to turn the company around and ensure its sustainable future“.

“We need to build a stronger and more competitive Siemens Gamesa to consolidate our position as a key player in the green energy transition,” he said.

In its statement, Siemens Gamesa has indicated that this workforce adjustment measure represents a new step in the implementation of its new operating model“designed to maximize the company’s potential and enable long-term profitable growth through a simpler, more efficient structure.”

With the launch of the “Mistral” program in May, a reorganization processboth to identify synergies in different functions and to adjust production capacity to market demands.

In August the company already anticipated that its losses had skyrocketed in the first nine months of its fiscal year to €1,226 million. The company has tripled the red numbers of 368 million euros that the group had registered a year ago.