Blown away | Wind farm operator Orsted cutting 2000 jobs after Trump nixes projects

Wind energy company Orsted plans to reduce its global workforce by 25% by the end of 2027, citing the need to streamline operations and sharpen its focus on Europe, as a result of the Trump administration's suspension of new wind power projects.

Chief Executive Rasmus Errboe said employees were informed that the company would be parting ways with “many skilled and valued colleagues” over the next three years.

The firm, which currently employs around 8,000 people, expects the reductions to affect roughly 2,000 roles, including 500 by the end of this year. The cuts will come through a combination of natural attrition, divestments, outsourcing, and layoffs.

The Danish energy firm said the changes are designed to create “a more efficient and flexible organization” and deliver annual savings of about 2 billion Danish krona ($311million) starting in 2028.