Orsted to Cut 25% of Workforce to Ride Out Wind Sector Woes

Orsted to Cut 25% of Workforce to Ride Out Wind Sector Woes

Orsted to Cut 25% of Workforce to Ride Out Wind Sector Woes

Orsted A/S will cut about 2,000 jobs — roughly a quarter of the workforce — as the offshore-wind company narrows its focus to Europe after completing a massive share sale to shore up funds.

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(Bloomberg) — Orsted A/S will cut about 2,000 jobs — roughly a quarter of the workforce — as the offshore-wind company narrows its focus to Europe after completing a massive share sale to shore up funds.

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