Finance
Vestas to cut jobs at British plant
Published by Global Banking & Finance Review®
Posted on December 11, 2024
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 11, 2024
1 min readLast updated: January 27, 2026
Vestas restructures its Isle of Wight plant, shifting focus to onshore wind turbine blades and reducing jobs from 600 to 300.
COPENHAGEN (Reuters) -Denmark's Vestas said on Wednesday it will restructure its factory on Britain's Isle of Wight to manufacture onshore wind turbine blades instead of blades for offshore wind power, and that it would cut the number of jobs at the plant.
Through an agreement with the British government to transition to new activities, Vestas will sustain around 300 jobs at the plant, down from some 600 currently, the company said.
"In addition, Vestas will offer a significant number of opportunities in other parts of our business," it said in a statement.
The group's technology activities which employ about 140 people on the island were not impacted, it added.
(Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik)
The main topic is Vestas restructuring its Isle of Wight plant to focus on onshore wind turbine blades, resulting in job cuts.
Vestas will reduce jobs from 600 to 300 at the Isle of Wight plant.
The plant will focus on manufacturing onshore wind turbine blades.
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