Denmark - Vestas announces job cuts - November 30, 2016

The turbine producer Vestas has revealed it will be letting go 350 employees at its plant in Lem in west Jutland. The company said that the move was necessary in order to strengthen its ability to compete. The redundancies, making up over a third of the total workforce in Lem, will take place at the end of 2016. Vestas employs around 4,600 people in Denmark – 2,400 of which work in production. On a global scale, the company employs 21,900 people. The news comes shortly after the company revealed strong financial results for the first nine months of 2016.


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