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WindAction | Danish wind giant's abysmal 3 months have a lot to do with America, 'the most painful' part of its portfolio

Now Orsted has announced a much bigger overhaul is in the works—and it involves job cuts, the suspension of dividends at least until 2025, and its exit from several European markets. The Copenhagen-listed company’s CEO, Mads Nipper, said in a release Wednesday the changes were aimed at reducing risks and turning Orsted into a “leaner and more efficient organization.” The company, which currently employs over 9,000 people, will trim up to ...
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