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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters StreetEvents
Provider: GlobalData

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Vestas Wind Systems A/S Completes Internal Negotiations; to Cut Jobs-Reuters

Thursday, 6 Dec 2012 08:40am EST 

Reuters reported that Vestas Wind Systems A/S has on December 5, 2012 completed its internal negotiations regarding reduction in the number of employees in Denmark. The result was that the Company will reduce the number of Danish employees with approximately 158 in December 2012. Reduction is part of the previously announced redundancies. The reduction in the number of employees divides into approximately 137 paid hours and approximately 21 people. As previously announced, the Company expects to reduce the number of employees globally, so the number of employees in the Company at the end of 2012 or early 2012 will be approximately 18,000. The Company also expects that the number of employees at the end of 2013 will be approximately 16,000. 

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