The crisis-stricken energy company Ørsted will lay off 2,000 employees, corresponding to nearly a quarter of its approximately 8,000 employees. This is stated in a stock exchange announcement on Thursday morning.
Already this year, around 500 employees will be laid off – of which 235 in Denmark, while the remaining adjustment of the workforce will take place by the end of 2027, Ørsted writes in a stock exchange announcement.
It will happen through both “natural attrition, elimination of positions, divestments, outsourcing, and dismissals”.
“It is necessary as a consequence of our decision to focus our business, that we will complete our large construction portfolio over the coming years, and that we therefore will need fewer employees as the projects are completed,” writes Rasmus Errboe in the announcement.
The workforce reduction will, according to Ørsted, mean annual savings of DKK 2 billion from 2028.
The information about the massive workforce reduction comes two days after Rasmus Errboe announced on Tuesday that the company needed to “adapt the organization”.
The major problems for the Danish conglomerate are due not least to the American market, where President Donald Trump is fighting wind energy projects by all means.
This has meant multi-billion writedowns, which were followed by Denmark’s largest capital increase to date of DKK 60 billion, to which the Danish state contributed half.
-emte
