Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35 - Electricity, gas, steam and air conditioning supply

1,000 jobs
Number of planned job losses
Job loss
Announcement Date
16 December 2011
Employment effect (start)
16 December 2011
Foreseen end date
31 December 2016

Description

As announced on December 16, 2011, German Energy Provider RWE Power will cut about 1,000 jobs until the end of 2016 in Germany. This is due to denuclearization and the resulting closure of Biblis nuclear power station as well as the opening of new coal-fired power stations, which are less personnel-intensive than the replaced ones.

The company is reported to be willing to avoid forced redundancies. The restructuring is said to be implemented in close consultation with the trade unions. Worldwide, up to 8,000 jobs are affected by the restructuring.

RWE employs around 17,000 people in Germany.


Sources

  • 17 December 2011: Süddeutsche (online)
  • 5 December 2011: Frankfurter Allgemeine Zeitung
  • 16 December 2011: RWE (Press conference)

Citation

Eurofound (2011), RWE Power, Internal restructuring in Germany, factsheet number 72879, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72879.