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Statoil may slash 2000 jobs in Norway

In its efforts to cut costs, Statoil is far along with plans to slash 2,000 jobs in Norway to instead move these jobs to a low-wage nation likely in Eastern Europe.

Photo: Statoil

As many as 2,000 administrative jobs could be relocated from Norway to Eastern Europe, reports Norwegian business daily Dagens Næringsliv. The plans were first made public in April, but the project is now closer to being realized, according to the newspaper.

"Statoil is continuing work to assess whether there is a basis for establishing a business center in a low-wage country outside of Norway. We expect clarification in the first quarter 2016," says Statoil head of communications Knud Rostad.

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