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Wind power giant Orsted to slash 2,000 jobs over next two years
The image, taken on September 4, 2023, shows windmills at the Nysted Offshore Wind Farm, built by Danish wind energy giant Orsted in 2002-2003 near Gedser, Denmark, in the Baltic Sea.
Thomas Traasdahl | Afp | Getty Images
Beleaguered wind farm operator Orsted announced on Thursday that it plans to cut up to 2,000 jobs towards the end of 2027 in a bid to become more competitive and refocus its efforts on Europe.
This year, the company faced pressure from President Donald Trump’s administration to restrict wind energy production in the United States.
Shares of Orsted were up 1% in early European trading on Thursday.
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