Oil company National Oilwell Varco reports that it plans to reduce its workforce in Norway by upwards of 170 people, corresponding to one in ten employees, according to Dagens Næringsliv.
"Management at NOV Norge regrets the strain such a situation causes for our employees, and we will strive to ensure an orderly process in which we comply with our commitments to affected parties," says the company according to the Norwegian daily.
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