Siemens Layoffs: 4,100 jobs cut in Gamesa Wind Turbine Division
What’s happening at Siemens?
Siemens has announced plans to lay off 4,100 employees, representing approximately 15% of its workforce in its Gamesa wind turbine division. The layoffs are part of a broader effort to adjust to decreased demand in the wind energy market.
Official statements and context
Jochen Eickholt, CEO of the Gamesa division, explained the reasons for the layoffs in an internal letter:
- Reduced activity in non-core markets
- The need to streamline the company’s portfolio to match lower business volumes
“The leadership team and I are aware that today’s announcement is difficult, especially considering the challenges you’ve been facing over this past year,” Eickholt stated. However, he reassured employees of the wind business’s future, particularly the Onshore segment. He also mentioned that the company will shift employees to other roles and continue hiring in areas where demand is growing.
Layoffs in Canada
It remains unclear exactly how many Siemens employees in Canada will lose their job as a result of this layoff.
Your rights
In Canada, non-unionized employees at Siemens are owed full severance pay when they lose their jobs due to downsizing, corporate restructuring, or the closure of the business.
This applies to individuals working in any capacity — full-time, part-time, hourly, or potentially even independent contractors — in Ontario, Alberta, and British Columbia.
Severance is the compensation provided to non-unionized workers in Canada by their employer when they are terminated without cause, and can be as much as 24 months’ pay, depending on a number of factors.
WATCH: Employment lawyer Lior Samfiru explains why you are still owed severance if you have been downsized on an episode of the Employment Law Show.
Severance offers and deadlines
Before accepting a severance offer, double-check the amount using our firm’s free Severance Pay Calculator. It has helped millions of Canadians determine their entitlements.
In addition to your salary, make sure to factor in any other elements of your compensation (i.e. bonuses, commission, etc.).
If your employer’s offer falls short of what our Severance Pay Calculator says you are owed, it’s very likely that you have been wrongfully dismissed and should contact an experienced employment lawyer at Samfiru Tumarkin LLP.
Non-unionized employees in Canada have up to two years from the date of their dismissal to pursue proper severance pay. An employer’s deadline to sign back a severance offer is not legally enforceable or binding.
LEARN MORE
• Severance pay for provincially regulated employees
• Rights to severance during mass layoffs
• Severance entitlements in a recession
Major layoffs continue
The job cuts come amid a flurry of layoffs in 2024.
Big names, including Intuit, UiPath, Dyson, Vancity, Stifel, SAP Canada, Netflix, AmDocs, EXL Service, Best Buy, Relic Entertainment, Ubisoft, Intel, Amazon, and Telus, have pulled out the axe as they continue to navigate challenging economic conditions.
SEE ALSO
• Shell to lay off 20% of deals division, part of restructuring
• Walmart Canada cuts jobs amid restructuring, shift to Spark: Reports
• Where are layoffs happening in Canada?
Lost your job? Talk to an employment lawyer
If you have been fired or let go for any reason, contact the experienced employment law team at Samfiru Tumarkin LLP.
Our lawyers in Ontario, Alberta, and B.C. have successfully represented tens of thousands of non-unionized individuals.
In addition to severance package negotiations, we can assist you on a broad range of employment matters, including:
If you are a non-unionized employee who needs help with a workplace issue, contact us or call 1-855-821-5900 to get the advice you need and the compensation you deserve.
Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is not specific to any one company and should not be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.