Offshore Wind
  • Fixed-Bottom
  • Floating Wind
  • Supply Chain
  • Contracts & Tenders
  • Grid Connection
  • More news
JobsNewsletter
Offshore Wind logo

Your trusted source for global offshore wind news, part of the Navingo network.

Topics
  • Fixed-Bottom
  • Floating Wind
  • Grid Connection
  • Power-to-X
  • Supply Chain
Network
  • Offshore Wind
  • Dredging Today
  • NavalToday
  • Offshore Energy
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›News›Nordex Implements Cost-Cutting Programme (Germany)
News

December 19, 2011 · about 15 years ago

Nordex Implements Cost-Cutting Programme (Germany)

Wind turbine manufacturer Nordex has now fully implemented its cost-cutting programme with which it plans to return to the black next year. After trimming its operating expenses, the company has now also made the necessary adjustments to its European workforce. All told, around 260 jobs are affected

1 minutes read
  • LinkedIn
  • X
  • Email

Wind turbine manufacturer Nordex has now fully implemented its cost-cutting programme with which it plans to return to the black next year. After trimming its operating expenses, the company has now also made the necessary adjustments to its European workforce. All told, around 260 jobs are affected by the programme.

“ In the interests of industrial peace and staff motivation, it was important for us to come up with a solution which ensured minimum hardship while remaining affordable, ” says Thomas Richterich, CEO of Nordex SE . “ We achieved this in constructive negotiations with the employee representative bodies. ”

Some 65 percent of the positions were removed by means of a volunteer programme. For this purpose, Nordex offered its employees a settlement, the amount of which was based on their length of service. Further reductions were achieved by staff handing in their own notice. In this way, it was possible to avoid the need for a broad hardship-minimisation plan or terminations for operational reasons. Moreover, such terminations have been ruled out for the immediate future as the contract with the employee representatives also provides for an employment guarantee until March 2013.

[mappress]

Offshore Wind Staff , December 19, 2011; Image: nordex

Reach the Offshore Wind industry in one go!

Offshore Wind is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Wind on:

Filed under

News

Daily Offshore Wind News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1Subsea Battery System for Offshore Wind Completes Test Before Deployment
  2. 2EMEC Secures Multi-Million Funding for DeepWind Floating Wind Test Site
  3. 3New Study Identifies Foundation Standardisation, Lower Cost of Capital as Key to Floating Wind Competitiveness
  4. 4Subsea Micropiles to Work on Anchor Design for Pentland Floating Wind Farm

Daily Offshore Wind News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free