Some 700 of the job losses are set to come at two facilities in Denmark. Chief operating officer Iain Gow says the job cuts are motivated by increased competition across the wind industry and a steady shift in demand for turbines to markets outside Europe.

"We need to increase capacity where there is a high demand and high potential, and scale down where demand has dropped due to the global crisis – which is, sadly, the case in Europe,” Gow says.

“Unfortunately,