EMCC European Monitoring Centre on Change

RWE

Company/Organisation:
RWE

Geographic Location

Country: Germany

Company

Sector: Utilities
Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
Number Employed: 72000
Group: RWE

Employment Effects

Announcement Date: 14-08-2012
Planned Job Reductions min: 2400
Planned Job Reductions max: 2400
Type of Restructuring: Internal restructuring

Additional Information

The new restructuring programme of German energy provider RWE ('RWE 2015') will involve the cutting of 2,400 positions, according to a company press release. These cuts will come on top of previously announced redundancies. A timeline for the restructuring has yet to be announced.

Previous media reports had stated that 'RWE 2015' will comprise the selling of subsidiaries (which will reduce the RWE workforce of 72,000 by 5,000), the cutting of 1,000 sales jobs in the UK, of 1,000 positions in eastern Europe and of 1,000 power plant jobs in Germany. There are also reports of over 1,000 low-skilled jobs being relocated to eastern Europe.   

Trade Unions fear that up to 5,000 jobs could be lost.