Report: Orsted to reduce workforce by 20% due to offshore wind challenges

ORSTED A/S, the developer behind Revolution Wind, announced plans to cut 20% of its global workforce.

PROVIDENCE – Orsted A/S, the developer behind Revolution Wind, the 704-megawatt  offshore wind project off the coast of Rhode Island, plans to cut 20% of its global workforce – roughly 1,600 jobs out of 8,000 employees, according to Danish newspaper Berlingske. The layoffs, which reportedly stem from a slowdown in new project development for the

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