Seadrill to lay off 1,400 employees
![CEO Anton Dibowtiz and the rest of Seadrill's management will take paycuts. | Photo: PR / Seadrill](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article11614898.ece/ALTERNATES/schema-16_9/doc7731wfiiqv8f9ev226a.jpg)
Seadrill plans to lay off 1,400 employees on land and offshore as part of a cost reduction initiative in the next 18 months.
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Seadrill will be delisted in New York after new huge deficit
For subscribers
Oil collapse could remove more than 100 drilling rigs
For subscribers