{"id":333274,"date":"2024-06-19T12:24:58","date_gmt":"2024-06-19T10:24:58","guid":{"rendered":"https:\/\/climatescience.press\/?p=333274"},"modified":"2024-06-19T12:25:01","modified_gmt":"2024-06-19T10:25:01","slug":"siemens-sinks-germanys-top-wind-turbine-maker-sacks-4100-workers-overnight","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=333274","title":{"rendered":"Siemens Sinks: Germany\u2019s Top Wind Turbine Maker Sacks 4,100 Workers\u00a0Overnight"},"content":{"rendered":"\n
\"\"\/<\/figure>\n\n\n\n

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From STOP THESE THINGS<\/a><\/p>\n\n\n\n

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Remember how the wind and solar industries would create hundreds of thousands of highly-paid groovy \u2018green\u2019 jobs? No? Well, as it turns out, the few (highly subsidised) jobs created are disappearing like the sun over the horizon. Although, for the axed workers, there will be no reappearance the following day. Easy come, easy go.<\/p>\n\n\n\n

Siemens Gamesa is a case in point. Orders have dried up; costs of producing anything in Germany are prohibitive \u2013 it suffers Europe\u2019s highest power prices, thanks to Germany\u2019s efforts to run on nothing but sunshine and breezes (and exorbitantly priced gas). Germany\u2019s largest wind turbine manufacturer has been struggling for years to turn a profit.<\/p>\n\n\n\n

Siemens suffer a \u20ac5.8 billion ($6.3 billion) market value write-down<\/a> in a single day in June last year, followed by another 40% write-down in October<\/a> \u2013 slashing a further \u20ac3 billion ($3.16 billion) off its market value, following revelations by Siemens that it was demanding billions in government-backed guarantees from the German government.<\/p>\n\n\n\n

12 months on, and Siemens is still on the ropes, sacking 4,100 workers in one fell swoop, as this lament from Reuters explains.<\/p>\n\n\n\n

Siemens Energy\u2019s Gamesa to cut 4,100 jobs, CEO says in staff letter<\/strong>
Reuters
29 May 2024<\/p>\n\n\n\n

Siemens Energy\u2019s wind turbine division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its workforce, the unit\u2019s Chief Executive Jochen Eickholt said in an internal letter to staff seen by Reuters on Tuesday.<\/p>\n\n\n\n

\u201cOur 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,\u201d Eickholt said in the letter.<\/p>\n\n\n\n

A spokesperson for Siemens Energy said the company would announce the number of jobs affected once consultations with all stakeholders are completed, declining to comment further.<\/p>\n\n\n\n

The job cuts plan, which was first reported by Spanish newspaper El Correo, comes shortly after Siemens Energy fleshed out major restructuring moves at Siemens Gamesa, also flagging that this would include staff reductions.<\/p>\n\n\n\n

Eickholt said the goal was to keep Siemens Gamesa\u2019s total workforce stable, via shifting jobs to and hiring more employees in other part of the division, confirming comments made by Siemens Energy CEO Christian Bruch earlier this month.<\/p>\n\n\n\n

\u201cThe leadership team and I are aware that today\u2019s announcement is difficult, especially considering the challenges you\u2019ve been facing over this past year,\u201d Eickholt, who will step down at the end of July, said in the letter.
Reuters<\/strong><\/em><\/a><\/p>\n\n\n

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<\/p>\n","protected":false},"excerpt":{"rendered":"

Remember how the wind and solar industries would create hundreds of thousands of highly-paid groovy \u2018green\u2019 jobs? No? Well, as it turns out, the few (highly subsidised) jobs created are disappearing like the sun over the horizon. Although, for the axed workers, there will be no reappearance the following day. Easy come, easy go.<\/p>\n

Siemens Gamesa is a case in point. Orders have dried up; costs of producing anything in Germany are prohibitive \u2013 it suffers Europe\u2019s highest power prices, thanks to Germany\u2019s efforts to run on nothing but sunshine and breezes (and exorbitantly priced gas). Germany\u2019s largest wind turbine manufacturer has been struggling for years to turn a profit.<\/p>\n","protected":false},"author":121246920,"featured_media":333279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691829268,691818051,691820620,691829269],"class_list":{"0":"post-333274","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-chief-executive-jochen-eickholt","9":"tag-germany","10":"tag-siemens-gamesa","11":"tag-wind-turbine-maker","13":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/06\/image-389.png?fit=2217%2C1106&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1oHo","jetpack-related-posts":[{"id":232792,"url":"https:\/\/climatescience.press\/?p=232792","url_meta":{"origin":333274,"position":0},"title":"Biggest Losers: Thousands Sacked As Germany\u2019s Wind Turbine Makers Face Financial Doom","author":"uwe.roland.gross","date":"12\/07\/2022","format":false,"excerpt":"Cut the subsidies to wind power and turbine makers soon fold.\u00a0Siemens Gamesa has\u00a0been axing hundreds of jobs in Europe and America\u00a0as the wheels come off the renewable energy gravy train.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/0594082ae47246.webp?fit=1120%2C630&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/0594082ae47246.webp?fit=1120%2C630&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/0594082ae47246.webp?fit=1120%2C630&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/0594082ae47246.webp?fit=1120%2C630&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/12\/0594082ae47246.webp?fit=1120%2C630&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":202386,"url":"https:\/\/climatescience.press\/?p=202386","url_meta":{"origin":333274,"position":1},"title":"Subsidy Cuts Mean Wind Turbine Makers Face Miserable & Uncertain Future","author":"uwe.roland.gross","date":"06\/01\/2022","format":false,"excerpt":"The wind industry was built on lies and runs on subsidies; cut the subsidies and the whole thing collapses in a heartbeat. Wind turbine makers like Germany\u2019s Siemens are having a rather miserable time of it, of late. Subsidies were already being wound back across Europe (and with it demand\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/0img_20210721_070833.jpg?fit=1024%2C682&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/0img_20210721_070833.jpg?fit=1024%2C682&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/0img_20210721_070833.jpg?fit=1024%2C682&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/06\/0img_20210721_070833.jpg?fit=1024%2C682&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":211966,"url":"https:\/\/climatescience.press\/?p=211966","url_meta":{"origin":333274,"position":2},"title":"Hollow Promises: Thousands of \u2018Green\u2019 Jobs Disappear with Turbine Blade Maker\u2019s Total Flop","author":"uwe.roland.gross","date":"08\/05\/2022","format":false,"excerpt":"It takes a special brand of delusion to swallow the wind industry\u2019s promise of an endless stream of meaningful employment. Whether you call it a \u2018Green New Deal\u2019 or a \u2018Great Green Reset\u2019, the promised boom in well-paid and lasting employment turns out to be little more than hot air.\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/08\/0shredded-blade.png?fit=1200%2C887&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/08\/0shredded-blade.png?fit=1200%2C887&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/08\/0shredded-blade.png?fit=1200%2C887&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/08\/0shredded-blade.png?fit=1200%2C887&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/08\/0shredded-blade.png?fit=1200%2C887&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":272313,"url":"https:\/\/climatescience.press\/?p=272313","url_meta":{"origin":333274,"position":3},"title":"How faulty wind turbines threaten to bring down a German industrial\u00a0powerhouse","author":"uwe.roland.gross","date":"08\/09\/2023","format":false,"excerpt":"Siemens warned on Monday that it was facing a \u20ac4.5bn (\u00a33.9bn) loss this year as a result of issues within its wind turbine division.","rel":"","context":"In \"Germany\"","block_context":{"text":"Germany","link":"https:\/\/climatescience.press\/?tag=germany"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0e8ce098bf480c0d0ca9ca9cbd4af017d.jpg?fit=1200%2C600&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0e8ce098bf480c0d0ca9ca9cbd4af017d.jpg?fit=1200%2C600&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0e8ce098bf480c0d0ca9ca9cbd4af017d.jpg?fit=1200%2C600&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0e8ce098bf480c0d0ca9ca9cbd4af017d.jpg?fit=1200%2C600&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0e8ce098bf480c0d0ca9ca9cbd4af017d.jpg?fit=1200%2C600&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":287799,"url":"https:\/\/climatescience.press\/?p=287799","url_meta":{"origin":333274,"position":4},"title":"Siemens Cancel Virginia Wind Blade\u00a0Factory","author":"uwe.roland.gross","date":"11\/13\/2023","format":false,"excerpt":"'Development milestones could not be met,' company says. Siemens-Gamesa-to-Double-Hull-Blade-Facility BY\u00a0KATE ANDREWS\u00a0\/\u00a0ROBYN SIDERSKY Amid failing turbine components and financial challenges, Siemens Gamesa Renewable Energy said Friday it has \u201cdiscontinued\u201d its plans to build\u00a0the nation\u2019s first offshore wind-turbine blade manufacturing facility\u00a0at the Port of Virginia\u2019s Portsmouth Marine Terminal. \u201cSiemens Gamesa will continue\u2026","rel":"","context":"In \"$200 million project\"","block_context":{"text":"$200 million project","link":"https:\/\/climatescience.press\/?tag=200-million-project"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/OIG-2023-11-13T120832.243.jpeg?fit=1024%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/OIG-2023-11-13T120832.243.jpeg?fit=1024%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/OIG-2023-11-13T120832.243.jpeg?fit=1024%2C1024&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/11\/OIG-2023-11-13T120832.243.jpeg?fit=1024%2C1024&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":212836,"url":"https:\/\/climatescience.press\/?p=212836","url_meta":{"origin":333274,"position":5},"title":"Siemens: An industry by storm","author":"uwe.roland.gross","date":"08\/10\/2022","format":false,"excerpt":"The wind business is a restructuring case. 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