Orsted to cut 2,000 jobs as Trump's offshore wind battle continues

Donald Trump

Beleaguered wind farm operator Orsted announced Thursday that it intends to reduce its workforce by a quarter toward the end of 2027, in a bid to become more competitive and refocus its efforts on Europe. Shares were 0.7% higher in European trade on Thursday. The stock came under pressure earlier this year amid concerted efforts from the White House to reduce renewable energy generation in the United States. On his first day in office , U.S. President Donald Trump signed an executive order

Tag-uri: Donald Trump

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