Maersk offshore arm announces lay offs
In the latest sign that the low oil price is taking its toll on the offshore sector Maersk Supply Service has announced it is to cut 30 onshore positions at its headquarters in Denmark.
February 4, 2015
Around 20 of the positions are expected to be terminations, and a further 10 vacant positions will not be filled.
Explaining the decision, Carsten Plougmann Andersen, ceo of Maersk Supply Service said: “We are facing challenging market conditions in the coming years. Oil prices have dropped dramatically and exceedingly fast in recent months and our customers, suppliers and competitors are all being forced to adjust to a new reality.”
“To safeguard Maersk Supply Service’s future profitability and ability to compete in a challenged market, we have launched an end-to-end review of all earning potentials and cost drivers in Maersk Supply Service, including optimising organizational effectiveness which regrettably has necessitated these staff reductions.”
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