Uniper to cut 400 jobs over 'challenging' market environment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 03 2025
0mins
Source: Reuters
Job Cuts Announcement: Uniper, a German state-owned utility, plans to cut 400 jobs (about 5% of its workforce) due to challenging market conditions and falling wholesale power prices.
Future Job Cuts Expected: The company's works council chief indicated that more job cuts may follow, emphasizing the need for cost reductions to maintain financial health amidst regulatory delays and declining electricity prices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
