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 to trim offshore wind unit, slashing hundreds of jobs
GE Vernova ( GEV) cited cost inflation and supply chain challenges that have hurt the wind sector over the last year, but it also has suffered delays to two major projects it is supplying - Vineyard Wind in Massachusetts and Dogger Bank in the U.K. - because of incidents involving its turbine blades.
GE Vernova to shrink offshore wind business, slash 900 jobs
The company has faced scrutiny after one of its offshore wind blades fractured this year at a Massachusetts array.
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 doing well, except for offshore wind issues
GE Vernova, which has significant operations in Schenectady, says it will have up to $35 billion in 2024 revenue.
GE Vernova to cut 900 jobs as offshore wind sector faces headwinds
GE Vernova has announced plans to downsize its offshore wind division, cutting approximately 900 jobs worldwide.
GE Vernova Says It May Cut 900 Jobs in Offshore-Wind Revamp
GE Vernova Inc. may cut about 900 jobs globally as it moves to shrink its offshore wind business. In a proposal to a group that represents European employees, GE Vernova said Thursday it intended to transform its offshore business globally into a smaller,
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 ...
Why GE Vernova Stock Is Rallying for a Seventh Straight Session Tuesday
Key Takeaways GE Vernova shares rose Tuesday for the seventh straight session as Barclay analysts said the company is a ...
Buy Rating Affirmed for GE Vernova Inc. on Strong Expansion and Financial Outlook
Jefferies analyst Julien Dumoulin Smith reiterated a Buy rating on GE Vernova Inc. (GEV – Research Report) today and set a price target ...
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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