Equinor CEO expects changes to employee count

Oil company Equinor will employ fewer people in future, said the company's chief executive during a video conference Tuesday, according to Norwegian business daily Dagens Næringsliv.

Photo: Ginnette Riquelme/Reuters/Ritzau Scanpix

Chief Executive Officer Eldar Sætre just prepared the employees of Equinor for a future in which the oil company will employ fewer people.

During a video conference with the employees, Sætre said, according to Norwegian business daily Dagens Næringsliv, that Equinor due to low oil prices and squeezed margins on its business may employ fewer people in the future. During the meeting, however, the CEO did not go into detail about what actions will be taken, writes the media.

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