EnergyWatch

Media: GERE to lay off "hundreds" of onshore workers

As part of a turnaround strategy for its onshore wind business, GE Renewable Energy is reportedly set to execute a round of layoffs.

Photo: PR GE Renewable Energy

Turbine manufacturer General Electric Renewable Energy is grappling with weak demand, rising costs and supply chains delays. The most recent quarterly report showed the OEM booking a deficit of USD 3.1bn.

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