Oil and Gas News
Further Blow to the Industry as Oil Major Announces 2000 Staff Cuts
Norwegian oil and gas giant Statoil will reportedly reduce its workforce by 2000 positions.
According to Offshore.no, about 1500 permanent employees and 500 contractors will be notified of this decision.
The news website further reports that the final decision is yet to be made, however there is no indication that the result will be anything else than what was presented yesterday at a meeting of union representatives and Statoil’s management. The cuts will be implemented next year and will be done through early retirement and severance packages.
This round of redundancies is an addition to reports that emerged in Norwegian media in April 2015 when it was said that Statoil would cut up to 20 percent within its technical sector that employs around 12,000 engineers.
This follows the news yesterday of FMC Technologies reducing staff numbers by 400 jobs and Aker Solutions announcing downsizing by up to 200 positions
Source: www.offshoreenergytoday.com
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