Reinertsen downsizes workforce

Reinertsen downsizes workforce

Oslo: Norwegian offshore services provider Reinertsen is sending 350 to 400 employees to the unemployment office. The majority are engineers, working onshore.

“We had hoped that the activities will pick up so we could get the employees back to work. But as the situation has evolved, we have had to inform that we probably have to resort to dismissals,” Geir Suul, director of business development for the Reinertsen Group, told the local press.

Reinertsen is a supplier in project development, construction, installation and operation of offshore projects and has 2,700 employees in Norway and a further 100 employees internationally.

The employees made redundant, have been awaiting the bad news for some months as Reinertsen  had hinted cuts were likely.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.

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