Wind OEM giant Vestas is planning 275 job cuts as it navigates a “highly volatile business environment”.

The wind group said 75 of the layoffs will occur in its home market of Denmark, with 45 of those at its blade development plant in Lem but gave no details of the other reductions.

A statement sent to Recharge said: “To strengthen our foundation and ability to protect our value creation and manoeuvre in the highly volatile business environment, we are adjusting our activities and organisational setup.