Location: Denver, Colorado, USA.
Based on news reporting.
Xcel Energy Inc. has announced layoffs affecting approximately 36 employees as part of a decision to close its Denver office. The layoffs are part of a broader restructuring effort aimed at improving operational efficiency. The company cited the need to adapt to changing market conditions and optimize its workforce as key reasons for this decision. The layoffs are effective immediately, and the company is working to support affected employees during this transition. This move reflects ongoing challenges in the energy sector and the company's commitment to maintaining its competitive edge.
Xcel Energy Inc. cut 36 jobs as of October 1, 2023.
That is roughly 0.3% of the 11,311 people Xcel Energy Inc. employs.
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