Jochen Eickholt News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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.

Siemens Gamesa, the wind turbine business of Siemens Energy AG (ETR:ENR), plans 4,100 job reductions, representing some 15% of its workforce, according to

Siemens Gamesa plans to cut about 4,100 jobs from its wind turbine division as the company continues to restructure its business. The downsizing, reported

Siemens Gamesa, the wind turbine arm of Siemens Energy, has announced plans to reduce its workforce by 15%, equating to 4,100 jobs.

Siemens Energy's troubled wind division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its staff, the unit's CEO Jochen Eickholt said in an internal letter to staff seen by...