is aiming to sell a stake of as much as 20 percent and shed another 3,000 off its headcount, more than doubling the number of jobs it plans to eliminate by 2013. The announcement came as the ...

Vestas Wind Systems VWS-0.81 % decrease; red down pointing triangle could cut hundreds of jobs at its Isle of Wight factory in the U.K. as it plans to repurpose the site to manufacture onshore ...

Vestas said it will now go into a consultation process with employee representatives and aims to have clarity for most employees by January. The company’s technology activities, which employ ...

Vestas Wind Systems tomorrow plans to announce organizational changes that may cut thousands of jobs at the world’s biggest wind turbine maker while preserving the position of Chief Executive ...

Four months after holding a job fair to fill 1,400 positions at a new manufacturing plant in Brighton, Vestas Wind Systems said Wednesday that it has implemented a hiring freeze and may cut jobs ...

Vestas Wind Systems said Wednesday it would eliminate another 1,400 jobs worldwide to lower costs as it prepares for a big decline in business next year. The Danish wind turbine company has been ...

Vestas to Cut UK Jobs as It Shifts to Onshore Turbine Production. Vestas will cut around 300 roles at Isle of Wight factory; Old factories are too small to produce new, larger blades ...

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. Sign up here.

Proposed job cuts by wind-turbine maker Vestas are expected to have little immediate impact in Colorado, where the governor and economic development groups made it a showcase for the state's &quot ...

COPENHAGEN (MarketWatch) -- The world's largest wind turbine manufacturer Vestas Wind Systems A/S (VWS.KO) said Thursday it will cut nearly 10% of its workforce, reshuffle its management and ...

The jobs will help the company meet global demand for wind turbines in 2015 and 2016. Since 1979, Vestas has supplied more than 51,000 wind turbines to 73 countries — 52 percent more than its ...