Mostly Cloudy 76°
Tag:

Orsted

Business
Offshore Wind Developer Slashes 2K Jobs As Trump Fights Northeast Projects Offshore Wind Developer Slashes 2K Jobs As Trump Fights Northeast Projects
Orsted Slashes 2K Jobs As Trump Fights Offshore Wind Farms The world's largest offshore wind developer will cut a quarter of its global workforce as President Donald Trump pushes back against renewable energy projects in the US. Orsted will slash about 2,000 jobs by the end of 2027, the company announced on Thursday, Oct. 9. The Danish developer has worked on several projects off the Northeast coast for more than a decade. The cuts will reduce Orsted's global staff to about 6,000 employees, although it's unclear how many US jobs will be impacted. About 500 workers will be laid off by the end of 2025, including 235 in Denmark. Orsted said the …

SHARE

by Chris Spiker