The company, a spinoff from General Electric, has been plagued by financial losses in its wind unit and, more recently, accidents involving the failure of turbine blades.

GE Vernova (NYSE:GEV) said it plans to cut the size of its offshore wind business, a move that could result in the elimination of 900 jobs around the world, Reuters reported Thursday. GE Vernova (GEV) cited cost inflation and supply chain challenges that have hurt the wind sector over the last year,

The company has faced scrutiny after one of its offshore wind blades fractured this year at a Massachusetts array.