Boston, MA - The cuts are expected to affect 20% of the onshore wind unit's workforce in the United States.
Reuters has announced that General Electric Co is laying off workers at its onshore wind unit as part of a plan to restructure and resize the business, which is grappling with weak demand, rising costs and supply-chain delays, four sources familiar with the move said.
The sources said the company on Wednesday notified employees in North America, Latin America, the Middle East and Africa about the cuts. It also has plans to cut its onshore wind workforce later in Europe and the Asia Pacific.
The cuts are expected to affect 20% of the onshore wind unit's workforce in the United States, they added. This would equate to hundreds of workers, one of the sources said.
Onshore wind is the largest of GE's renewable businesses, which together employed 38,000 people worldwide at the end of 2021. The unit, however, has been battling higher raw material costs due to inflation and supply-chain pressures.
Source: Reuters