German power giant RWE will cut 6,750 jobs across Europe and reduce costs by another 1bn euros, to help deal with low wholesale prices for energy and an increase in renewable capacity Continue reading
RWE , Germany’s No.2 utility, will be cutting some 2,500 jobs in its power generating business in Germany over the next few years, a source familiar with the plans said on Wednesday. In a bid to cope with tepid energy demand in Europe as well as loss-making power plants, RWE would also cut jobs in … Continue reading
Germany’s biggest power producer is looking to rationalise the workforce at its power unit and may shed as many as 3,400 employees Continue reading