layoffs

UK energy giant BP said it will cut more than 5% of its global workforce, as the company continues a plan to reduce costs as it transitions to more operations outside of its oil and gas business. The London-based multinational group on Jan. 16 said it would lay off about 4,700 workers, and also cut […]

California-based Enphase Energy, a company known for its solar power and electric vehicle (EV) charging technology, announced it is laying off about 500 workers. The company in a Nov. 8 filing with the U.S. Securities and Exchange Commission (SEC) said a challenging economy for the solar power industry requires reduced spending. The cuts come less […]

SolarEdge Technologies said it would lay off about 400 workers, including 200 in its home country of Israel, as the company tries to become more financially stable. SolarEdge on July 15 announced the job cuts in a letter to employees. The company, which said it had about 4,600 workers prior to the layoffs, had announced […]

NuScale Power, among the best-known companies developing small modular reactor (SMR) technology, said it would cut 28% of its workforce as the company looks to save $50 million to $60 million annually. Rumors of job cuts surfaced last week with online news service HuffPost reporting employees were told of the restructuring plan at a meeting […]

Workers at the W.H. Sammis coal-fired power plant have been notified that a mass layoff will begin “sometime between March 14, 2023, and April 14, 2023.” The announcement was made public through a letter Energy Harbor Corp., owner of the plant, sent to the Ohio Department of Job & Family Services, as required under the […]

General Electric (GE) has notified staff that it plans to lay off about 20% of the workforce in its U.S. onshore wind business. A report from NASDAQ this week said the cuts are part of a plan to restructure and resize the onshore wind division, as the group “is grappling with weak demand and rising […]

Siemens Gamesa Renewable Energy (SGRE) plans to lay off 200 workers at two U.S. wind power equipment manufacturing facilities. The company on Feb. 9 said the job cuts are due to a reduction in orders for commercial wind turbines. An SGRE spokesperson said more jobs cuts at the plants—one in Hutchinson, Kansas, and the other […]

Siemens Energy announced it will cut 7,800 jobs from its gas and power division by 2025 as the company attempts to be more competitive in a global energy market that is moving away from fossil fuels and toward renewable energy. The company on Feb. 2 in its latest earnings release said it plans to jettison […]

Companies in the energy sector this past year faced unprecedented financial, economic and operational challenges, exacerbated by a once-in-a-century public health crisis. Falling energy prices, coupled with the economic downturn triggered by the COVID-19 pandemic, caused a significant labor contraction in the energy sector. The spread of COVID-19 required companies, including those involved in power […]

Centrica, the major UK utility and the biggest supplier of energy to British homes, on June 11 said it would cut 5,000 jobs as part of a cost-cutting effort. CEO Chris O’Shea, who took over the company three months ago, said he also wants to simplify the utility’s business model. The company Thursday said the […]