1srelluc
Diamond Member
General Electric is laying off 20% of its U.S. onshore wind workforce, which equates to hundreds of jobs, according to a person familiar with the matter who declined to be named.
A note was sent out to employees Wednesday.
“We are taking steps to streamline and size our onshore wind business for market realities to position us for future success. These are difficult decisions, which do not reflect on our employees’ dedication and hard work but are needed to ensure the business can compete and improve profitability over time,” a spokesperson for GE Renewable Energy told CNBC.
GE is said to be examining its onshore wind footprint in Europe and Asia as well.
GE is laying off 20% of its workforce devoted to onshore wind power, costing hundreds of jobs
I'm sure they can get jobs coding or something.
A note was sent out to employees Wednesday.
“We are taking steps to streamline and size our onshore wind business for market realities to position us for future success. These are difficult decisions, which do not reflect on our employees’ dedication and hard work but are needed to ensure the business can compete and improve profitability over time,” a spokesperson for GE Renewable Energy told CNBC.
GE is said to be examining its onshore wind footprint in Europe and Asia as well.
GE is laying off 20% of its workforce devoted to onshore wind power, costing hundreds of jobs
I'm sure they can get jobs coding or something.