RWE / Would cut 3,400 jobs

Germany’s biggest power producer is looking to rationalise the workforce at its power unit and may shed as many as 3,400 employees.

Bloomberg reports that persons close to the management estimate 2,300 jobs will be lost in Germany, with 900 and 200 jobs lost in the UK and Netherlands respectively.

Annett Urbaczka, a spokeswoman at Essen-based RWE, confirmed that staff at the Generation SE unit will be reduced, while declining to provide a number.

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via RWE considers shedding 3,400 jobs – Power Engineering International.