Markets and finance

Orsted 'planning major job cuts' due to lack of projects

Leading developer of offshore wind farms has slashed its investment plans twice in last two years amid challenging market conditions

Orsted has had a difficult few years amid challenging conditions for the offshore wind sector and Donald Trump's return to the White House in the US.
Orsted has had a difficult few years amid challenging conditions for the offshore wind sector and Donald Trump's return to the White House in the US.Photo: Cosmo Sanderson
Journalist
Published 6 October 2025, 08:35Updated 6 October 2025, 08:35
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