The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (28) Manufacture of machinery and equipment 28.1 - Manufacture of general-purpose machinery 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
1,800 jobs Number of planned job losses
Announcement Date
18 November 2012
Employment effect (start)
26 October 2012
Foreseen end date
Description
Spanish wind turbine manufacturer, Gamesa is to cut 1,800 jobs reducing its global workforce by 20 per cent. As announced, within the framework of its business plan for the period 2013 - 2015 these job cuts will conclude in the first quarter of 2013. According to the sources affected countries are Spain (see Gamesa-ES2012), China and the U.S.A.
Eurofound (2012), Gamesa, Internal restructuring in World, factsheet number 75430, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75430.