Maritime Jobs
Friday, November 8, 2024

Vestas to Lay Off 220 Employees in Denmark and UK

January 14, 2021

Credit: MHI Vestas Offshore Wind

Credit: MHI Vestas Offshore Wind

Wind turbine maker Vestas said on Thursday it will lay off 220 employees, primarily in Denmark and Britain, as part of the integration of its onshore and offshore operations.

This follows the Danish company's October announcement that it would take full ownership of its joint venture with Mitsubishi Heavy Industries in an $838 million deal to accelerate growth in offshore wind.

"Integrating and simplifying two companies inherently creates overlaps between functions and it's, therefore, necessary if we want to create a competitive and scalable organization," Vestas Chief Executive Henrik Andersen said in a statement.

The 50-50 joint venture with Mitsubishi, which was formed in 2014 to supply wind turbines to developers of offshore farms, was operated independently from Vestas' onshore business.

Vestas, which has installed wind turbines with a total capacity of 125 gigawatts across 82 countries, said it will employ over 35,000 people worldwide in combined businesses. (Reporting by Jacob Gronholt-Pedersen Editing by David Goodman and Alexander Smith)

(Reporting by Jacob Gronholt-Pedersen; Editing by David Goodman)


Related:

Featured Jobs

Medical Services Officer

Military Sealift Command

Chief Steward

Military Sealift Command

Second Assistant Engineer

Military Sealift Command

Damage Controlman

Military Sealift Command

Damage Control Officer

Military Sealift Command

Third Officer - Mixed Work Schedule

Military Sealift Command

Featured Employers

Military Sealift Command

The Military Sealift Command (MSC) is a United States Navy organization that controls most of the re

GOLDEN GATE BRIDGE, HIGHWAY AND TRANSPORTATION DISTRICT

Based in San Francisco, the District consists of three operating divisions including Bridge, Bus, an

Greensea IQ

Greensea IQ is a dual-use robotics company transitioning mature solutions developed for and by the d

NOAA

Enjoy an exciting career with NOAA’s Office of Marine and Aviation Operations!NOAA is home to the na