'Leaner and more efficient': Ørsted announces job cuts and pulls back from key markets

Cecilia Keating
clock • 2 min read
Credit: Ørsted
Image:

Credit: Ørsted

Company revises down production target to 35-38GW as it announces plans to tighten spending

Offshore wind energy giant Ørsted has scaled back its development targets and announced hundreds of job cuts as financial turbulence continues to hit the offshore wind industry. The Copenhagen-listed...

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Cecilia Keating
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