Firstly, General Electric will reduce headcount in its onshore wind segment. This movement is part of restructuring measures and adjustment of business activities.
Secondly, worldwide, employees in North America, Latin America, the Middle East, and Africa have been notified about the layoffs.
Thirdly,Boston-based General Electric is about to start laying off workers in its onshore wind turbine sector to turn the business around.
The wind industry
Today, the onshore wind turbine industry faces weak demand. It has high rising costs, and uncountable delays in the supply chain.
Moreover, the cuts will affect 20% of the workforce in the industry sector in the United States; and employees in Latin America, the Middle East, and Africa.
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The company also intends to reduce the number of workers in Europe and Asia-Pacific. GE operates in 42 countries worldwide.
Although, at the end of last year, GE employed 38,000 workers in its onshore wind sector, the largest in the company’s renewable energy businesses; today it has to make many layoffs.
Struggle in the sector
As the turbine sector is struggling with soaring raw materials prices and supply chain pressures; the company has to make this adjustment. Al this situation started years ago with the COVID-19 pandemic and now, the sector y exacerbated by the war in Ukraine.
Finally, this situation is in general. The significant European wind turbine manufacturers are also, suffering losses for similar reasons.
About GE
For more than 125 years, GE has invented the future of industry. The company pioneered technologies that have spurred world-transforming changes and improved the lives of billions.
