The manufacturing group Siemens has to downsize in Norway because of the oil crisis. 118 employees could lose their jobs.
After having been in dialogue with the unions, the company sent information to its employees in Norway on Wednesday which reveeladed that up to 118 out of the 688 positions in one of the Norwegian divisions could be cut, according to E24.
– The only department to be downsized in Norway will be “Process Industries and Drives”. We will be cutting positions in locations in Oslo, Stavanger, Bergen and Trondheim, and this will apply to all types of functions in this division, director Siemens Norway,Lars-Einar Petterson says.
The department is affected by the decline in oil prices and hte commodity markets.
Siemens will now hold meetings from the beginning of May and each employee will be called in for interviews to map their expertise and aims and needs.
The electronics manufacturer is cutting 2,500 positions globally.
Source: NTB scanpix / Norway Today