Subsea 7 lays off 3,000 employees
Offshore shipping company Subsea 7 launches cost cutting measures that include a 3,000 personnel reduction. Up to ten vessels could be removed from the active fleet.
![Photo: PR/Subsea 7](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article12177268.ece/ALTERNATES/schema-16_9/doc7as42u7c37r5jcq4y7.jpg)
Subsea 7 launches a number of cost cutting measures to account for the oil price drop and the effects of the coronavirus crisis.
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