Statoil may resist the new job cuts


Further 500 jobs could disappear in the group, according to Stavanger Aftenblad.

In June last year it became clear that Statoil will cut up to 1,500 permanent employees and 525 consultants by the end of 2016.
In February the company announced that the reduction target, which includes both operating costs and investment, was stepped up by 50 percent from 2016. They denied however that this will increase job reductions this year, but they may still have provisionally considered that the new review could involve 400 to 500 new, future job cuts, writes Stavanger Aftenblad.
Industry Energy expects job cuts out on the shelf, but that this will happen through early retirement.

Source: NTB scanpix / Norway Today