A leading oil firm has warned 390 staff their jobs are at risk.

Wood Group PSN (WGPSN) has entered a consultation with 380 employees, with up to 80 expected to lose their jobs. Twelve staff at sister-company Wood Group Kenny are also in danger.

A spokeswoman for WGPSN said said: “We constantly respond to market challenges.

“Wood Group is continuing to take a number of steps to help customers increase operating efficiency, safely improve performance from oil and gas assets and reduce their costs.

“All changes made and proposed are done so in consultation with employees and their health and welfare is our top priority. We continue to review our resource requirements to meet our customer needs and service provision to ensure that we are focused on sustaining the business for the long-term.”

WGPSN have cut pay for onshore contractors by 20% since June last year.

A Wood Group Kenny spokeswoman added: “Due to a downturn in North Sea market activity, 12 staff positions at Wood Group Kenny in Aberdeen have been put at risk. We are currently working with the employees impacted and will seek to redeploy them where possible to minimise the number of employees affected.”

Source: news.stv.tv

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