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Vestas Cutting Jobs Despite Leading Wind Installations

Vestas occupies the top spot when it comes to market share among global wind turbine manufacturers, according to a new analysis, but the Danish business is not immune to the challenges facing several of the leading companies in the wind power sector.

Supply chain issues are buffeting wind energy, as they have other industries. Though Vestas Wind Systems A/S continues as the leading manufacturer of wind turbines, according to a GlobalData report released March 22, the company also this month announced it plans to cut at least 275 jobs, including 75 in Denmark, in what it termed a “highly volatile environment” for the sector.

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