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GE Vernova May Cut 900 Offshore Wind Jobs
GE Vernova May Cut 900 Offshore Wind Jobs as It Scales Back
The company, a spinoff from General Electric, has been plagued by financial losses in its wind unit and, more recently, accidents involving the failure of turbine blades.
GE Vernova plans 'leaner' offshore wind unit, will cut hundreds of jobs
Energy equipment maker GE Vernova said on Thursday it planned to slash the size of its struggling offshore wind business, a move that could cut 900 jobs around the world.
GE Vernova to trim offshore wind unit, slashing hundreds of jobs
GE Vernova (NYSE:GEV) said it plans to cut the size of its offshore wind business, a move that could result in the elimination of 900 jobs around the world, Reuters reported Thursday. GE Vernova (GEV) cited cost inflation and supply chain challenges that have hurt the wind sector over the last year,
5h
GE Vernova Plans 900 Layoffs After Wind Turbine Setbacks and HugeLosses
GE Vernova, General Electric’s energy division, is reportedly laying off 900 employees from its offshore wind business due to ...
8d
Vineyard Wind blade issues still dragging down GE Vernova’s wind power business
The company had hoped to turn a profit in its wind division this quarter, but now that’s been delayed until the end of the ...
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8d
'Time the enemy': GE Vernova CEO says race is on to get Dogger Bank and Vineyard back on track
Group says impact of failures in US and UK will weigh on turbine unit after giant offshore wind projects stalled during key ...
GlobalData on MSN
10d
GE Vernova secures 140MW turbine deal in Romania
Energy equipment manufacturing and services company GE Vernova has secured a 140MW wind turbine order in Romania. The company ...
9d
Broken Blades, Angry Fishermen and Rising Costs Slow Offshore Wind
Accidents involving blades made by GE Vernova have delayed projects off the coasts of Massachusetts and England and could ...
shorenewsnetwork
12d
New Jersey’s Offshore Wind Turbines Are Taller and More Massive than You Might Think
New Jersey's wind farms are going to be big, but the actual turbines are huge, dwarfing the Statue of Liberty by nearly three ...
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8d
GE Vernova CEO still waiting for US onshore wind 'inflection point'
Scott Strazik tells conference that onshore market set to be 'reasonably flat' business for turbine giant this year and next ...
10h
on MSN
Is GE Vernova Inc. (GEV) the Best Large Cap Stock To Buy Now?
Analysts’ anticipation about the Fed initiating three rate cuts of 25 basis points each, starting in September, has become a ...
shorenewsnetwork
8d
New Jersey’s Wind Farm Future Hits More Road Blocks with Supply Chain and Safety Issues
The Leading Light Wind offshore wind project, planned for development off the coast of Long Beach Island, NJ, has hit a snag.
1d
on MSN
General Electric will solve Vineyard Wind turbine blade malfunctions, Iberdrola chairman says
Ignacio Galán, executive chairman at Iberdrola, discusses what the company and its vendor are doing to recover debris ...
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