The cuts would reduce a workforce of some 27,000 people, based on figures on the company’s website. It was not immediately clear which divisions or regions would be affected.
The cuts would reduce a workforce of some 27,000 people, based on figures on the company’s website. It was not immediately clear which divisions or regions would be affected.
No final decision has been made and the final tally could change, the people said.
Producing masts and blades for the wind turbines many governments are banking on to wean themselves off fossil fuels has proved a tough business in recent years, amid fierce competition, COVID-19 disruptions and runaway metals prices exacerbated by the war inUkraine.
Siemens Gamesa has struggled in particular, partly due to delays in developing and delivering a new range of onshore turbines, prompting majority shareholder Siemens Energy to launch a 4.05 billion euro ($4.2 billion) bid to buy the one third stake it does not already own.
Siemens Gamesa, which is scheduled to report third-quarter results on Aug. 2, declined to comment. A spokesperson for Siemens Energy said Siemens Gamesa’s management was responsible for all operating matters.