ShippingWatch

A part ofWatch Medier

Seadrill to lay off 1,400 employees

The offshore crisis has made Seadrill launch a cost reduction plan that will result in layoffs of employees on land and offshore, while management will take paycuts.

CEO Anton Dibowtiz and the rest of Seadrill's management will take paycuts. Photo: PR / Seadrill
BY
Published:

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Log in

Try ShippingWatch for 14 days.

Get a trial subscription here.

Do you want a trial subscription with multiple users for yourself and your colleagues?

Read more about your options and find the contact information to our sales team here.

Related articles

Latest news

  1. CMA CGM-owned feeder line gets new CEO
  2. Maersk buys Swedish logistics company
  3. Kvaerner sees signs of stronger second quarter
  4. Risk Intelligence signs new contract with Asian oil and gas major
  5. International alliance with CMA CGM to accelerate green transition in transport
  6. MPC Container Ships gets approval from bondholders for restructuring plan
  7. One year in particular is at the center of the debate about shipping's climate efforts
  8. Pacific Basin expects to impair fleet and record major loss
  9. A.P. Moeller Foundation appoints new managing director
  10. The US will seize Iranian oil headed to Venezuela
  11. Maritime & Merchant has helped several customers through the crisis
  12. Kleven yard files for bankruptcy
  13. Borr Drilling is allowed to keep listing on the New York Stock Exchange
  14. Exxon Mobil incurs major losses following oil slump
  15. MPC revises proposal to bondholders after criticism
  16. New oil discoveries hit lowest level in 20 years
  17. Pirates kidnap nine from BW Offshore vessel off Nigeria
  18. Major banks join forces to avoid repeating Hin Leong scandal
  19. Former head of Total in Denmark launches energy consultancy
  20. Low order book concerns maritime suppliers: "It's very scary"

See all

Jobs

See all

See all