GE Vernova to Lose $300M, EU Companies Leave Vietnam

GE Vernova's CEO, Scott Straszak, announced at a conference that the company is on schedule to lose about $300 million in Q3. It seems the blade failures at Dogger Bank and Vineyard Wind are resulting in a big chunk of these losses. And many European companies have decided to leave Vietnam due to the country's relationship to China.
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[@Buggen-Out-Yo]

As of now they are laying off 900 2 days ago

[@WeatherGuardLightningTech]

A big restructuring of the GE Vernova offshore business

[@itiswhatitis1461]

Kkkkk