Vestas to lay off some 1,400 workers

[Nova78]

Vestas to lay off some 1,400 workers - Yahoo! Finance

Danish wind turbine maker Vestas to lay off 1,400 workers

Vestas Wind Systems A/S, the world's biggest maker of wind turbines, says it is slashing 7 percent of its workforce in its second round of lay-offs this year.

The western Denmark-based group says the job cuts of 1,400 workers will help it reduce fixed costs by more than €250 million ($310 million) as it deals with stiff competition and a market slowdown.

It was not immediately clear where the ax would fall, but Vestas has already announced some lay-offs in the United States. In January, the company trimmed its workforce by 2,335 jobs worldwide. It currently has 20,400 staff.

More green failures.............

 

[flacaltenn]

Vestas can survive, but only in a market with realistic expectations.

You can hope that smarter engineering will prevail and wind will be taken largely "off-grid" for applications better suited to it's spotty performance..

 

[TruthSeeker56]

What a SHOCK!

The world is discovering that "wind energy" is a JOKE.

At least Vestas isn't one of Obama's taxpayer-funded failures.

 

[Old Rocks]

20% of the electricity generated in Ohio is from wind. In Oregon, we are getting close to 10%. And the combination of wind and hydro works very well for us.

 

[whitehall]

A dutch wind turbine manufacturer? Is president Hussein outsourcing the wind?

 

[flacaltenn]

Oh probably WhiteHall...

Wind Power Does Not Equal Job Power - ABC News

Nearly $2 billion in money from the American Recovery and Reinvestment Act has been spent on wind power, funding the creation of enough new wind farms to power 2.4 million homes over the past year. But the study found that nearly 80 percent of that money has gone to foreign manufacturers of wind turbines.

Sen. Chuck Schumer, D-N.Y., called the flow of money to foreign companies an outrage, because the stimulus, he said, was intended to create jobs inside the United States.

"This is one of those stories in Washington that when you tell people five miles outside the Beltway, or anywhere else in America, they cannot believe it," Schumer told ABC News, "It makes people lose faith in government, and it frankly infuriates me."

 

[flacaltenn]

20% of the electricity generated in Ohio is from wind. In Oregon, we are getting close to 10%. And the combination of wind and hydro works very well for us.

Oh we're so impressed with the Emperor's clothes.. If it wasn't for MASSIVE subsidies, and the Federal "MUST CARRY" rules for putting any wind on the grid -- there wouldn't be a rush to be a pig at the wind trough.

Congrats on all that.. Those rate-payers are paying to dump their PRIMARY generation into the ground so that the kiddies can get all giddy about their wind machines.

When those costs of maintaining 2 power plants -- when only 1 is needed become common knowledge as they have in Germany and the price of all the subsidies compared to the benefit is publicized -- this gig is up...