More layoffs at Archer

After dismissing 400 employees in the second quarter, oil service company Archer has now announced layoffs of more than 115 employees. 

Oil service company Archer, owned by Norwegian shipping giant John Frederiksen, has announced the dismissal of 115 full-time employees. This follows recent downsizing efforts by the company, which saw 400 employees laid off by Archer in the second quarter.

Over the summer, the company had already announced that more employees would be dismissed later in the year, writes Norwegian daily Dagens Næringsliv.

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