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France braced for impact from GE Vernova offshore wind downsizing
France looks set to bear the brunt of GE Vernova’s plans to cut the size of its offshore wind operation, with unions there warning the move poses a threat to the future development of the nation’s energy sector.
GE Vernova Says It May Cut 900 Jobs in Offshore-Wind Revamp
GE Vernova Inc. may cut about 900 jobs globally as it moves to shrink its offshore wind business. In a proposal to a group that represents European employees, GE Vernova said Thursday it intended to transform its offshore business globally into a smaller,
GE Vernova to trim offshore wind unit, slashing hundreds of jobs
GE Vernova ( GEV) cited cost inflation and supply chain challenges that have hurt the wind sector over the last year, but it also has suffered delays to two major projects it is supplying - Vineyard Wind in Massachusetts and Dogger Bank in the U.K. - because of incidents involving its turbine blades.
GE Vernova to cut 900 jobs as offshore wind sector faces headwinds
GE Vernova has announced plans to downsize its offshore wind division, cutting approximately 900 jobs worldwide.
GE Vernova to shrink offshore wind business with 900 jobs at risk
GE Vernova is planning a downsizing of its offshore wind business that Recharge understands could affect up to 900 jobs globally. The US-based energy technology group said late today (Thursday) that it had “submitted a proposal to the GE Vernova European Works Council related to proposed changes in our Offshore Wind business globally.
GE Vernova plans 'leaner' offshore wind unit, will cut hundreds of jobs
Energy equipment maker GE Vernova said on Thursday it planned to slash the size of its struggling offshore wind business, a move that could cut 900 jobs around the world.
GE Vernova doing well, except for offshore wind issues
GE Vernova, which has significant operations in Schenectady, says it will have up to $35 billion in 2024 revenue.
2d
on MSN
Why GE Vernova Stock Is Rallying for a Seventh Straight Session Tuesday
Key Takeaways GE Vernova shares rose Tuesday for the seventh straight session as Barclay analysts said the company is a ...
17h
on MSN
Calls of the Day: Elanco Animal Health CEO, Casey's General Store, GE Vernova, Spotify
John Legend took to his Instagram account while sitting in his Beverly Hills home to say that Haitian migrants in his home ...
pv-magazine-usa
18h
GE Vernova releases 2,000 V (DC) utility-scale inverter
GE Vernova has developed a 2,000 V (DC) utility-scale inverter, to be used in a North American pilot operation starting in ...
7d
Vineyard Wind blade issues still dragging down GE Vernova’s wind power business
The company had hoped to turn a profit in its wind division this quarter, but now that’s been delayed until the end of the ...
3d
GE Vernova: Full Power Ahead
Read an update on GE Vernova's potential in the energy transition, strong backlog, and improving margins, but execution is ...
1d
on MSN
Watch These GE Vernova Price Levels as Stock Trading Near Record High
Key Takeaways GE Vernova shares will likely remain on watchlists Wednesday after hitting a new record high yesterday ...
2d
GE Vernova's Gas Power Services Underappreciated & Poised For Growth: Analyst
GE Vernova upgraded to Buy by BofA Securities, price target raised from $200 to $300. Analyst sees potential in Gas Power ...
2d
on MSN
GE Vernova gains again as BofA upgrades, hikes price target to Street-high $300
GE Vernova (NYSE:GEV) +3.5% in Tuesday's trading to a fresh record high, poised for its seventh straight daily gain, after ...
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