Guardian: Vestas is to shed another 1,400 jobs, bringing total redundancies for the year to more than 3,700, after the world's biggest wind turbine maker slumped to a quarterly pre-tax loss. The Danish-based company, which recently ditched plans to build a plant in Kent, also reduced its forecast for current-year sales on Wednesday from seven gigawatts' worth of turbines to 6.3. Next year is expected to be even worse at 5GW. Chief executive Ditlev Engels said: "2013, as it looks today, is probably going...
URL: http://www.guardian.co.uk/business/2012/aug/22/vestas-job-cuts-quarterly-loss
Enclosure: http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2010/8/18/1282146568999/Vestas-shares-plummet-fol-006.jpg
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