- Ørsted will reduce its workforce by 2,000 positions by the end of 2027.
- The company aims to save approximately DKK 2 billion annually from 2028.
- 500 employees will be made redundant in Q4 2025, including 235 in Denmark.
- Ørsted's focus will be on offshore wind in Europe and select Asia-Pacific markets.
Workforce Reduction
Ørsted plans to reduce its workforce by approximately 2,000 positions by the end of 2027. This decision is driven by a strategic focus on offshore wind and the completion of several wind farms in the coming years.
Cost Savings
The company aims to achieve annual cost savings of around DKK 2 billion from 2028. These savings are part of Ørsted's updated business plan to enhance competitiveness.
Redundancies and Timeline
As part of the workforce reduction, Ørsted will make about 500 employees redundant in Q4 2025, including approximately 235 in Denmark. The organization will be rightsized in line with declining construction activities by 2027.
Strategic Focus
Ørsted is sharpening its geographical and technological focus, primarily directing efforts towards offshore wind in Europe and select Asia-Pacific markets. The company remains committed to finalizing its 8.1 GW construction portfolio across three continents.
