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800 could be axed at Norwegian service company

A new wave of mass layoffs may hit oil company MHWirth in Kristiansand, warn the owners who earlier this year axed hundreds of employees.

Between 500 to 800 jobs could be cut at Norwegian oil service company MHWirth in Kristiansand, informs Aker-owner Øyvind Eriksen at an industry conference according to Norwegian media.

MHWirth is owned by the investment company Akastor where Aker has a 35 percent ownership share. The company has already been through a round of layoffs earlier this year, where 100 permanent employees and 200 consultants were let go.

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