Another day, another 10,000 oil jobs axed

The slowdown in the offshore sector continues to hit employees across the globe. Chevron and oil service company Saipem announce new cost reduction measures that will see a combined 10,000 oil jobs axed.

Photo: Øyvind Hagen - Statoil


Wednesday marks another dark day for employees in the struggling and slowing offshore sector as two oil companies announce cost reductions that could result in upwards of 10,000 layoffs.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs