Responsible downsizing

The energy sector is going through major changes. As part of adapting to these changes, Vattenfall is adjusting parts of its competence and employee structure.

The entire energy industry is going through an upheaval, and the conditions within which Vattenfall operates are challenging. Vattenfall adapted its strategy to address constantly changing conditions, and to continue to improve the efficiency of its operations. For instance, Vattenfall had to free up capital for the investments needed to achieve its goals in sustainable energy generation.

As part of restructuring, Vattenfall had to seek out new skill sets and to undertake some staff reductions. All redundancies are carried out in a responsible manner, and involve close talks with unions in respective countries.

Last updated: 2016-04-28 15:18