The move mirrors similar actions by European rivals who have scaled back renewables to focus on more profitable ventures.

European energy major Equinor said it is cutting 20% of the workforce, or about 250 jobs, in its renewable energy division due to continued economic challenges. The Norway-based company said […]

Norway's Equinor is trimming 20% of the staff from its renewable energy division and will compete for a smaller number of new projects as it streamlines the business unit, the company told Reuters on Thursday.

Norway’s Equinor is reducing the number of staff working in its renewable energy division by about 20% as it focuses on a smaller number of core projects, it was reported today. The Reuters report did not say exactly how many people were affected by the cuts,

Equinor (NYSE:EQNR) will cut 20% of the staff from its renewable energy division and compete for a smaller number of new projects as it streamlines the unit, Reuters reported Thursday. The unit's workforce reduction would correspond to ~250 full-time job equivalents,