Overview
- Global headcount will fall from about 8,000 to roughly 6,000 by the end of 2027 as large construction projects are completed.
- About 500 roles will be made redundant this year, including 235 in Denmark, with no country-by-country breakdown provided for other markets such as the UK.
- Ørsted will trim staffing through redundancies, natural attrition, outsourcing and divestments to create a leaner organization.
- The strategy shifts emphasis to core European projects and select Asia-Pacific markets after delays, cancellations and U.S. regulatory setbacks.
- The company recently completed a DKK 59.56 billion ($9.35 billion) rights issue, and U.S. actions including a stop-work order on the near-complete Revolution Wind—later eased by a court injunction—highlight ongoing risk.