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Reuters
2024.09.19 23:11
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GE Vernova plans to downsize offshore wind business

Sept 19 (Reuters) - GE Vernovasaid on Thursday it planned to downsize its offshore wind business, a move that could cut 900 jobs around the world.“The proposal reflects industry wide challenges for wind and aims to transform our Offshore Wind business into a smaller, leaner and more profitable business within GE Vernova,” a company spokesperson said in an emailed statement.

Sept 19 (Reuters) - GE Vernova (GEV.N) said on Thursday it planned to downsize its offshore wind business, a move that could cut 900 jobs around the world.

“The proposal reflects industry wide challenges for wind and aims to transform our Offshore Wind business into a smaller, leaner and more profitable business within GE Vernova,” a company spokesperson said in an emailed statement.

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