"Volatile" global outlook prompts REpower to lay off 750 workers

04/28/2013 | Bloomberg Businessweek

REpower Systems intends to reduce its workforce by 750 to save on costs as part of the firm's preparation for a "volatile" mid-term outlook for the wind industry. "We will apply leverage wherever we have recognized need for action and will be able to realize savings potential, for example, in purchasing, production or manufacturing," said Andreas Nauen, CEO of Suzlon Energy's German unit, in a statement.

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