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600 new layoffs in Norwegian oil industry

For the fourth time in just a few weeks, a company has opted to perform major layoffs among its Norwegian employees. The company this time is German Bilfinger's Norwegian subsidiary.

Photo: Songa Offshore

The job boom in the Norwegian oil industry has turned into something reminiscent of a layoff competition.

In recent weeks, companies such as Transocean, North Atlantic Drilling and Aibel have announced a total of 585 layoffs, and now the oil engineers at Bilfinger Industries are turning up the heat with 600 layoffs in Norway.

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