GE Vernova Says It May Cut 900 Jobs in Offshore-Wind Revamp
- Energy company has been affected by inflation, supply issues
- GE Vernova has faced blade failures off Nantucket and near UK
GE Vernova Inc. may cut about 900 jobs globally as it moves to shrink its offshore wind business, the latest sign of trouble for the industry.
In a proposal to a group that represents European employees, GE Vernova intended to transform its offshore business globally into a smaller, leaner and more profitable business, according to a company representative late Thursday.