Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Vestas to cut 3,000 more jobs (Danish/Oregon Wind System)
The Oregonian ^ | November 08, 2012 at 8:20 AM | By Ted Sickinger, The Oregonian

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 ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: layoffs

1 posted on 11/10/2012 7:15:41 AM PST by Be Careful
[ Post Reply | Private Reply | View Replies]

To: Be Careful

well uhhh maybe they are wanting more cash from Obama


2 posted on 11/10/2012 7:18:43 AM PST by dalebert
[ Post Reply | Private Reply | To 1 | View Replies]

To: 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.

CONSERVATIVES be ready for a RAID on your WALLETS!!! The only green from these 'green energy people' are the green that they are wasting!!

3 posted on 11/10/2012 9:16:10 AM PST by ExCTCitizen (More Republicans stayed home then the margin of victory of O's Win...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Be Careful

no more green energy loans?


4 posted on 11/10/2012 9:21:01 AM PST by GeronL (http://asspos.blogspot.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Be Careful; abcraghead; aimhigh; Archie Bunker on steroids; bicycle thug; blackie; coffeebreak; ...
If you aren't on this ping list and are interested
in articles about Oregon, please FReepmail me.

5 posted on 11/10/2012 11:29:46 AM PST by Salvation ("With God all things are possible." Matthew 19:26)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson