Vestas to cut 300 jobs at British wind turbine plant
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2024
0mins
Source: Reuters
Vestas Restructures Operations: Vestas is restructuring its factory on the Isle of Wight to focus on manufacturing blades for onshore wind power, resulting in a reduction of jobs from 600 to around 300, while still maintaining over 1,500 employees across the UK.
Government Support for Clean Energy: The British government supports this transition as part of its clean energy mission, emphasizing the importance of local blade manufacturing to meet increasing demand for onshore wind energy.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








