WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2023, the company operated approximately 35,500 miles of overhead distribution lines and 36,500 miles of underground distribution cables, as well as 430 electric distribution substations and 523,700 line transformers; approximately 46,400 miles of natural gas distribution mains; 1,700 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 490 natural gas distribution and transmission gate stations; and 69.3 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.
EVENTS PER QUARTER · HOVER FOR EMPLOYEE COUNTS
WEC Energy Group, Inc. has announced layoffs affecting dozens of workers in Wisconsin, with 36 employees set to lose their jobs. The layoffs are part of a broader restructuring effort within the company, aimed at improving operational efficiency. The affected employees will be notified in early October, with the layoffs taking effect shortly thereafter. This decision comes amid ongoing challenges in the energy sector, prompting the company to reassess its workforce needs. WEC Energy Group has stated that it remains committed to its core operations while navigating these changes.
WEC Energy Group, Inc. has announced the permanent closure of a facility in Wisconsin, resulting in the layoff of 66 employees. This decision reflects the company's ongoing adjustments to its operations. The layoffs have already taken effect, impacting the workforce significantly. The closure is part of a broader strategy to streamline operations and respond to changing market conditions. The company has not specified any further details regarding the future of its remaining facilities or workforce.
WEC Energy Group, Inc. has announced the permanent closure of a facility in Wisconsin, resulting in the layoff of 66 employees. This decision reflects the company's ongoing adjustments to its operational strategy. The layoffs are effective immediately as the facility ceases operations. The company has not specified the reasons behind the closure, but it marks a significant change in its workforce dynamics. Employees affected by the layoffs will be provided with support during this transition.
In June 2023, WEC Energy Group, Inc. laid off 6 remote workers in Wisconsin. This decision reflects the company's ongoing adjustments to its workforce amid changing operational needs. The layoffs were specifically targeted at remote positions, indicating a shift in the company's employment strategy. While the reasons for these layoffs were not detailed, they highlight the challenges faced by companies in adapting to new work environments. The layoffs occurred without any indication of future cuts planned at this time.
No one has shared a story from WEC Energy Group, Inc. yet. Went through a layoff here? Your experience helps others feel less alone.
Share your story →We'll email you the moment a new layoff is reported here.