General Electric is laying off workers at its onshore wind unit as part of a plan to restructure and resize the business. The sources said the company notified employees in North America, Latin America, the Middle-East and Africa about the cuts.
It also has plans to cut its onshore wind workforce at a later date in Europe and Asia Pacific. The cuts are expected to affect 20% of the onshore wind unit's workforce in the United States, they added. This would equate to hundreds of workers, one of the sources said. GE confirmed to Reuters it was "streamlining" its onshore wind business in response to market realities but did not comment directly on any workforce cuts. Onshore wind is the largest of GE's renewable businesses, which together employed 38,000 people worldwide at the end of 2021. GE has made turning around its onshore business a priority as it prepares to spin off its energy businesses, including renewables, into a separate company in 2024.
Source: https://www.reuters.com/business/energy/exclusive-ge-lays-off-workers-onshore-wind-unit-part-turnaround-strategy-sources-2022-10-06/
