Beerenberg cuts 250 more positions

BeerenbergPhoto:Beerenberg

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Another 250 employees will have to leave their jobs at the oil service company Beerenberg.

These cuts are in addition to a another, similar downsizing which was announced in September.
This meanst that Beerenberg has to cut a total of 500 positions, according to Sysla.

The latest downsizing is due to overcapacity following the completion of a new building project in the spring this year.

The company announced in September that it had to get rid of 250 employees because it did not get  a contract at Ekofisk worth NOK 400 million per year renewed.

– The market is still very challenging, and there are no indications that the decline will slow in the coming periods,  communications manager Ole Klemsdal says.

 

Source: NTB scanpix / Norway Today

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