GE Vernova is planning to reduce the size of its offshore wind business, with around 900 jobs potentially at risk globally. The move comes as the US manufacturer faces a $300 million loss in the third quarter, attributed to challenges within its offshore wind division.
The company has submitted a proposal to the GE Vernova European Works Council, seeking to transform the business into a smaller and more profitable unit. A spokesperson for GE Vernova explained that the proposal aims to address “industry-wide challenges for wind” and align the business with the company’s broader turnaround strategy for its wind segment.
While GE Vernova has not disclosed specific workforce numbers, sources indicate that the potential downsizing could affect approximately 900 roles. The company currently employs around 1,700 people in its offshore wind division, including staff at factories in Saint-Nazaire and Cherbourg, France.
The company cited inflation, global supply chain issues, and project delays as key factors impacting its offshore wind unit. Despite the planned downsizing, GE Vernova emphasized its commitment to supporting existing projects and addressing quality control issues, particularly related to recent failures of its Haliade-X blades.
“We are committed to supporting potentially impacted employees over the next several months and treating them with fairness,” the company stated, adding that it will assist employees during the transition process.
Contractors working on current offshore projects will not be affected by the proposals, and GE Vernova will continue to prioritize safety and quality as it fulfills its contractual obligations.
