Vestas

Type
Internal restructuring
Country
Denmark
Region
Danmark; Midtjylland;
Location of affected unit(s)
Varde, Århus, Hammel, Lem, Ringkøbing
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.1 - Manufacture of general-purpose machinery
28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
1,300 jobs
Number of planned job losses
Job loss
Announcement Date
12 January 2012
Employment effect (start)
1 February 2012
Foreseen end date
30 April 2012

Description

Denmark-based multinational wind turbine producer Vestas has announced that it will dismiss 2,335 employees globally of which 1300 in Denmark. The Danish redundancies will affect 550 hourly paid workers in production and 750 salaried employees in administration. The production of wind turbines in Varde is to close and administration in Århus, Hammel, Lem and Ringkøbing is being downsized. Vestas will continue to employ 20,400 employees globally and 5,300 in Denmark.

As reported, Denmark has applied for assistance from the European Globalisation Adjustment Fund (EGF).

Sources

  • 12 January 2012: Politiken

Citation

Eurofound (2012), Vestas, Internal restructuring in Denmark, factsheet number 72953, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72953.