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

200 - 300 jobs
Number of planned job losses
Job loss
Announcement Date
15 January 2015
Employment effect (start)
15 January 2015
Foreseen end date
31 December 2015


RWE Innogy will cut its workforce by between 200-300 employees in its renewable energies division due to high levels of debt incurred in the acquisition of other renewable businesses. The sector is suffering from high levels of competition, declining electricity prices and declining tariff supports.  The number of employees has already declined from 1,500 over the last year with many being transferred to other units. The latest job cuts will be carried out during 2015.

According to the chief executive, capital expenditure was around one billion euros last year. It will be reduced but the company remains committed to renewable energy. RWE Innogy is a subsidiary of the German energy company RWE, the second biggest energy group in Germany based in Essen.


  • 15 January 2015: Die Welt Online


Eurofound (2015), RWE Innogy, Internal restructuring in Germany, factsheet number 78186, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78186.