The world’s biggest turbine maker is battling fierce competition, including from Chinese rivals, as well as the threat of subsidy cuts for renewable energy.
Vestas warned a further 1,600 jobs could go in the United States if Congress does not renew a tax break due to expire this year.
Under-pressure chief executive Ditlev Engel will remain in his current post, but chief financial officer (CFO) Henrik Norremark will become chief operating officer. Barclays Capital analyst Rupesh Madlani said: “Replacing the CFO is a wise move. The market had been disappointed at the lack of financial details and two profit warnings in a quarter from the company.”