Wind turbine firm Siemens Gamesa has blamed a “challenging market” for up to 600 planned job cuts in Denmark.
The company recently announced it will focus on the onshore wind market.
According to Reuters, the decision to move heavily into the onshore market is in response to the removal of government subsidies and low prices in in the sector.
Andreas Nauen, head of Siemens Gamesa Renewable Energy in Denmark, said: “We deeply regret to have to say goodbye to good and valued colleagues.
“These difficult measures are necessary as a responsible resolution to an increasingly competitive industry landscape.”
It’s understood the job cuts will impact production of direct drive onshore turbines in the company’s Brande and blade production in Aalborg, Denmark.
But last week it was revealed Siemens Gamesa was considering the purchase of parts of troubled rival firm Senvion.
It was claimed by Senvion that Siemens Gamesa Renewable Energy (SGRE) are set to buy its European portfolio through and exclusivity agreement.
The deal was unanimously approved by Senvion’s creditors.
Recommended for you
