• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

German utility Uniper prepares job cuts – sources

October 7, 2021 by David Barret Leave a Comment

October 7, 2021

DUESSELDORF (Reuters) – German utility Uniper, which is majority-owned by Finland’s Fortum, is planning far-reaching cut jobs, two people familiar with the matter said, adding that staff was currently being informed about the move.

A labour source said that the cuts, which are expected to impact the energy firm’s engineering unit that provides services to power plants, could affect more than 1,000 workers and that individual units could be sold.

Uniper said there would be a statement in the course of the day, but declined to comment further.

The group has been under pressure to decarbonise due to Germany’s plan to abandon coal as an energy source by 2038 at the latest as well as its acquisition by Fortum, which has outlined a path to drastically reduce CO2 emissions.

Fortum, which owns 76% in Uniper, said last month it could free up additional cash to boost its war chest to expand in solar and wind energy assets, a field that is becoming increasingly crowded by utilities as well as oil majors.

(Reporting by Tom Kaeckenhoff; Writing by Christoph Steitz; Editing by Sabine Wollrab)

Source Link German utility Uniper prepares job cuts – sources

David Barret
David Barret

Related posts:

  1. Mexico’s top court decriminalizes abortion in ‘watershed moment’
  2. SoftBank leads $680 million funding round in NFT fantasy soccer game Sorare
  3. Evergrande woes hit Japan’s toilet, air-conditioner and paint manufacturers
  4. France says row with Washington over submarines still not resolved

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • First Visible Time Crystals Ever Made Have Astonishing Complexity And Practical Potential
  • “Something Undeniably Special”: The Chi Cygnids, A New Five-Yearly Meteor Shower, Peak This Month
  • A 200-Meter-Tall Event We Didn’t See Sent Signals Through The Earth For Nine Whole Days
  • Why Are So Many Volcanoes Underwater?
  • In 1977, A Hybrid Was Born In A Zoo. What It Taught Us Could Save One Of The Planet’s Most Endangered Species
  • How To Park A Dangerous Asteroid So It Doesn’t Bite You Later
  • New Study Finds Evidence For What Every Parent Knows About Bluey
  • New Breakthrough Takes Plastic Garbage And Turns It Into Tool For Carbon Capture
  • NASA To Hold Press Conference About New Perseverance Rover Discovery Tomorrow
  • Strange Halos Have Formed Around Barrels Of Chemicals Dumped Off LA’s Coast Over 50 Years Ago
  • As We Grow Older, Our Music Taste Appears To Narrow To Fewer Songs
  • Stinky Seaweed Blob On Florida Beaches Thwarts Baby Sea Turtles’ Dash To The Ocean
  • NASA Is Set To Lock Up Four Volunteers For 378-Day Mars Simulation Study
  • For The First Time, A Vital Oceanic Upwelling Of Nutrient-Rich Water Failed To Emerge In 2025
  • One Of The Largest Crocs Ever “Terrorized Dinosaurs” With Teeth The Size Of Bananas
  • US Congress Is Holding Another UFO Hearing Today – Watch Live
  • Yes, Flying Snakes Do Exist – Sort Of
  • Meet The Bumblebee Bat: The World’s Smallest Bat Is The Last Of Its Kind
  • Did A Giant Planet Sculpt Fomalhaut’s Stunning Ring Into Its Squashed Shape?
  • The Unfolding New Astronomical Revolution – Gravitational Waves Discovery Turns 10
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version