Troubled offshore wind giant says 'rightsizing' necessary as new projects dry up and global focus narrows

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Troubled offshore wind giant says 'rightsizing' necessary as new projects dry up and global focus narrows

The offshore wind farm company Orsted announced Thursday it plans to cut its workforce by roughly one-quarter by the end of 2027 as it redirects its business toward Europe and…

Ørsted plans to shrink company after Trump administration causes share price to plunge to all-time low