Internal restructuring
Location of affected unit(s)
Denmark, USA and other countries
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
European Globalisation Fund (EGF)
Year: 2012, Case number: 11

2,335 - 3,935 jobs
Number of planned job losses
Job loss
Announcement Date
12 January 2012
Employment effect (start)
13 January 2012
Foreseen end date
31 December 2012


On 12 January 2012, the world's biggest maker of wind turbines, Vestas, announced 2,335 job cuts worldwide (about 10% of its workforce) in the framework of a major restructuring plan, which will also probably lead to 1,600 job cuts in the United States. Of the 2,335 job cuts, 1,800 are located in Europe. Vestas already cut 1,900 jobs in April 2009 and 3,000 in October 2010. Vestas is also threatening to make 1,600 employees redundant in the USA, which will undermine President Barack Obama's goal of creating green jobs and adds to pressure on the US Congress to extend a tax credit that Vestas relies on. The company is also facing an increase in competition from Chinese manufacturers.


  • 12 January 2012: AFP Liaisons
  • 13 January 2012: Les Echos
  • 12 January 2012: Bloomberg Businessweek


Eurofound (2012), Vestas, Internal restructuring in World, factsheet number 72951, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72951.