NextFin news, Danish renewable energy company Orsted revealed on Thursday, October 9, 2025, that it will reduce its workforce by approximately 2,000 employees over the next two years. This decision is part of Orsted's strategic plan to refocus its business operations primarily on the European market.
The job cuts represent about 10% of Orsted's global workforce and are aimed at streamlining the company’s operations to better align with its renewed focus on Europe. The company cited changing market conditions and the need to optimize resources as key reasons behind the restructuring.
Orsted, known as one of the world’s largest developers of offshore wind farms, has been expanding globally in recent years. However, the company now plans to prioritize its core European markets, where it sees stronger growth potential and regulatory support for renewable energy projects.
The restructuring will affect various departments and regions, with the company emphasizing that it will provide support and assistance to impacted employees during the transition. Orsted’s management stated that the move is necessary to maintain competitiveness and ensure long-term sustainability in a rapidly evolving energy sector.
Orsted’s CEO highlighted that the company remains committed to its green energy goals and will continue investing in offshore wind and other renewable technologies within Europe. The decision to cut jobs and refocus geographically reflects a strategic adaptation to global economic and energy market dynamics.
The announcement follows a period of financial pressure and market volatility in the renewable energy sector, prompting several companies to reassess their operational footprints and investment priorities.
Orsted’s plan to reduce its workforce and concentrate on Europe is expected to be completed by the end of 2027, with the company aiming to emerge leaner and more focused on its core strengths in the region.
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