Vestas to lay off some 1,400 workers

Discussion in 'Energy' started by Nova78, Aug 28, 2012.

  1. Nova78
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    Nova78 Silver Member

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    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.............
     
    Last edited: Aug 28, 2012
  2. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    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..
     
  3. TruthSeeker56
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    TruthSeeker56 Silver Member

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    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.
     
  4. Old Rocks
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    Old Rocks Diamond Member

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    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.
     
  5. whitehall
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    whitehall Gold Member

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    A dutch wind turbine manufacturer? Is president Hussein outsourcing the wind?
     
  6. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    Oh probably WhiteHall...

     
  7. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    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...
     

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