Danish wind energy giant Vestas sheds 2,335 jobs in response to Chinese competition/ slump in demand
Jan 13th, 2012 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Denmark’s push for a green Europe hit turbulence on Thursday as domestic wind turbine producer Vestas Wind Systems A/S announced 2,335 jobs' cuts -- almost 10% of its workforce - - in response to Chinese competition and a slump in demand.