Low oil price results in layoffs at Ramboll

Engineering giant Ramboll axed employees in Denmark as a consequence of the sliding oil price.

The low price per barrel of oil along with the oil companies' unwillingness to invest has forced Ramboll to axe a total of 22 employees in Denmark.

The layoffs hit Ramboll Oil & Gas' employees in Esbjerg and Copenhagen, where 17 and five employees, respectively, were let go, says John Sørensen, Managing Director of Oil & Gas.

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