EMCC European Monitoring Centre on Change

RWE

Company/Organisation:
RWE

Geographic Location

Country: European Union
Location of affected unit(s): Germany, The Netherlands, United Kingdom

Company

Sector: Utilities
Electricity, gas, steam and air conditioning supply
35.11 - Production of electricity
Number Employed: 72000

Employment Effects

Announcement Date: 14-08-2012
Planned Job Reductions min: 2400
Planned Job Reductions max: 2400
Type of Restructuring: Internal restructuring
Employment Effect Start: 15-08-2012
Foreseen End Date: 31-12-2014

Additional Information

RWE, a German utilities company, plans to introduce a savings plan and substantially limit expenditures by the end of 2014. As a result, up to 2,400 (administrative) jobs could be lost across Europe.

Part of the restructuring effort consists of building an umbrella company for the German, UK and Dutch power stations. RWE intends to open one large service centre for the whole of Europe. The location of this service centre of up to 1,000 jobs would be outside Germany, most likely in Prague (Czech) or Kosice (Slovakia).