Ørsted has announced plans to reduce its global workforce by around 2,000 positions by the end of 2027 as part of its updated business plan and strategic priorities. The adjustment aims to strengthen competitiveness and reflects a sharper focus on offshore wind and the European market.
The company currently employs around 8,000 people worldwide but expects to have about 6,000 employees by the end of 2027. The reduction will occur through a combination of natural attrition, divestments, outsourcing, and redundancies. Approximately 500 employees, including about 235 in Denmark, will be made redundant in the fourth quarter of 2025. The process will continue in line with the completion of several major offshore wind projects.
Earlier in 2025, Ørsted introduced a series of initiatives to support its strategic realignment and strengthen its financial position. The recent rights issue has improved the company’s capital structure, and construction of its offshore wind portfolio is proceeding as planned. Going forward, Ørsted will concentrate primarily on offshore wind in Europe and selected markets in the Asia-Pacific region.
When the efficiency measures are fully implemented, annual cost savings are expected to reach around DKK 2 billion from 2028.
