500 employees loses their job at Statkraft

StatkraftPhoto: Statkraft

Statkraft  is reducing its workforce by 500-600 people to save costs. Just under 200 must go in Norway.

– Approximately 300 are because we are downsizing and selling operations in Brazil. The rest are downsizing spread throughout the Group, in Norway and other countries, says CEO Christian Rynning-Tønnesen to Europower.

The power company, which in total has about 3,800 employees, downsized by 84 people already last year. Excluding Brazil the cuts are  between 200 and 240 people, and a significant part of this is in Norway, says Rynning-Tønnesen..

– We have to get a streamlined, efficiently and cost-effectively consolidated, because of the competition in the entire energy market is  getting fiercer, continues Rynning-Tønnesen.

Overall Statkraft the costs saving will be at 800 million and the reduction in the number of employees amounted to 40 percent of this. Rynning-Tønnesen can not rule out layoffs.

– We hope to implement this with voluntary measures. But it remains to be seen whether we can do it, he says.

The workforce reductions in the company will be completed during 2018.


Source: NTB scanpix / Norway Today