GE Vernova May Cut 900 Offshore Wind Jobs as It Scales Back

GE Vernova May Cut 900 Offshore Wind Jobs as It Scales Back

The energy company GE Vernova said on Friday that it would pare back its troubled offshore wind business, which has been hit with financial losses and accidents. The changes, which are aimed at coping with a difficult environment for the wind industry, could result in around 900 job losses. The company’s struggles are a blow to the offshore wind industry, which has farms off the coast of northern Europe and is thought to have potential to supply…

GE Vernova to shrink offshore wind business with 900 jobs at risk

US energy giant plans to transform division into 'smaller, leaner and more profitable business'