EMCC European Monitoring Centre on Change

Vestas

Company/Organisation:
Vestas

Geographic Location

Country: Denmark
Region: Århus amt
Location of affected unit(s): Varde, Århus, Hammel Lem, Ringkøping

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Number Employed: 6600
Group: Vestas

Employment Effects

Announcement Date: 12-01-2012
Planned Job Reductions min: 1300
Planned Job Reductions max: 1300
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-02-2012
Foreseen End Date: 30-04-2012
Direct Dismissals: 1300

Additional Information

Denmark-based multinational wind turbine producer Vestas has announced that it will dismiss 2,335 employees globally of which 1300 in Denmark. The Danish redundancies will affect 550 hourly paid workers in production and 750 salaried employees in administration. The production of wind turbines in Varde is to close and administration in Århus, Hammel, Lem and Ringkøbing is being downsized. Vestas will continue to employ 20,400 employees globally and 5,300 in Denmark.

As reported, Denmark has applied for assistance from the European Globalisation Adjustment Fund (EGF).