Skip to comments.Vestas to cut 3,000 more jobs (Danish/Oregon Wind System)
Posted on 11/10/2012 7:15:35 AM PST by Be Careful
Vestas Wind Systems is aiming to sell a stake of as much as 20 percent and shed another 3,000 off its headcount, more than doubling the number of jobs it plans to eliminate by 2013.
The announcement came as the Danish company reported disappointing financial results that sent its shares tumbling 13 percent.
The world's biggest wind turbine-maker said Wednesday that its third-quarter loss widened to 175 million euros ($225 million), compared with a loss of 60 million euros in the year-ago period. Analysts had forecast net income of 20 million euros, according to a Bloomberg survey.
(Excerpt) Read more at oregonlive.com ...
well uhhh maybe they are wanting more cash from Obama
CONSERVATIVES be ready for a RAID on your WALLETS!!! The only green from these 'green energy people' are the green that they are wasting!!
no more green energy loans?
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