{"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":"","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_feature_clip_id":0,"_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":["post-333274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-chief-executive-jochen-eickholt","tag-germany","tag-siemens-gamesa","tag-wind-turbine-maker","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":272313,"url":"https:\/\/climatescience.press\/?p=272313","url_meta":{"origin":333274,"position":0},"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":1},"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":267610,"url":"https:\/\/climatescience.press\/?p=267610","url_meta":{"origin":333274,"position":2},"title":"Crash Test Dummies: Wind Turbine Maker Siemens Suffers Massive Share Price\u00a0Slump","author":"uwe.roland.gross","date":"07\/15\/2023","format":false,"excerpt":"The world\u2019s wind turbine makers are bleeding cash; none of them are capable of turning a profit and all of them are facing financial ruin.","rel":"","context":"In \"CO2\"","block_context":{"text":"CO2","link":"https:\/\/climatescience.press\/?tag=co2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0Screenshot-2020-12-23-at-1.46.47-AM-1536x895-1.png?fit=1200%2C699&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0Screenshot-2020-12-23-at-1.46.47-AM-1536x895-1.png?fit=1200%2C699&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0Screenshot-2020-12-23-at-1.46.47-AM-1536x895-1.png?fit=1200%2C699&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0Screenshot-2020-12-23-at-1.46.47-AM-1536x895-1.png?fit=1200%2C699&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0Screenshot-2020-12-23-at-1.46.47-AM-1536x895-1.png?fit=1200%2C699&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":275641,"url":"https:\/\/climatescience.press\/?p=275641","url_meta":{"origin":333274,"position":3},"title":"Siemens Energy\u2019s wind turbine problems could cost 4.5 bln\u00a0euros","author":"uwe.roland.gross","date":"08\/26\/2023","format":false,"excerpt":"So much for \u201ccheap wind power\u201d!","rel":"","context":"In \"Siemens Energy\"","block_context":{"text":"Siemens Energy","link":"https:\/\/climatescience.press\/?tag=siemens-energy"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0Siemens-Gamesa-will-supply-36-units-of-its-SG-3.4-132-wind-turbine-for-the-Voltalia-wind-project-in-Brazil.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\/0Siemens-Gamesa-will-supply-36-units-of-its-SG-3.4-132-wind-turbine-for-the-Voltalia-wind-project-in-Brazil.jpg?fit=1200%2C600&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0Siemens-Gamesa-will-supply-36-units-of-its-SG-3.4-132-wind-turbine-for-the-Voltalia-wind-project-in-Brazil.jpg?fit=1200%2C600&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0Siemens-Gamesa-will-supply-36-units-of-its-SG-3.4-132-wind-turbine-for-the-Voltalia-wind-project-in-Brazil.jpg?fit=1200%2C600&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/08\/0Siemens-Gamesa-will-supply-36-units-of-its-SG-3.4-132-wind-turbine-for-the-Voltalia-wind-project-in-Brazil.jpg?fit=1200%2C600&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":245253,"url":"https:\/\/climatescience.press\/?p=245253","url_meta":{"origin":333274,"position":4},"title":"Wind Turbine Makers Demand Taxpayer Bailout For Mounting Billion-Dollar Losses","author":"uwe.roland.gross","date":"02\/24\/2023","format":false,"excerpt":"The green energy subsidiary of German electrical equipment giant Siemens just reported Thursday that it lost nearly a billion dollars in the last quarter. 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It\u2019s free. It\u2019s renewable. Google the subject, and you will quickly find fifty articles claiming that electricity from wind is now cheaper than electricity from those evil, dirty fossil fuels. 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