Ørsted plans to shrink company after Trump administration causes share price to plunge to all-time low
One of the world’s biggest windfarm developers will cut its workforce by a quarter in the next two years after a series of setbacks for the industry.
Danish wind giant Ørsted plans to remove about 2,000 positions from its 8,000-strong workforce by the end of 2027 through a combination of redundancies, natural attrition and selling off parts of its business.
The Oslo-headquartered company, which employs more than 1,200 workers in the UK, plans to make 500 redundancies by the end of the year, including 235 in its home market.
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