http://www.aftenbladet.no/energi/oljeservice/1052338/80_i_Subsea_7_maa_gaa.html
The article translated with Google:
– Management has announced that the staff must be reduced by 80 positions. There is talk about the dismissals, not end packages, "said head safety representative Ståle Tønnesen.
He says it’s still unclear who should go. Management is working now to examine what resources the company will have use for.
– It is a comprehensive job. We safety representatives are going to try and hold back on the number and defend positions for what they are worth, "says Tønnesen.
Will not comment
Managing Director Tor Espedal of Subsea 7 Norway would not comment on the matter Friday, but in May said Espedal to Aftenbladet that the market for next year is grim. The missions for underwater contractors operating in Norway, go down with a third or half in 2010.
Holder again
– The oil companies are restrained for the time, so we who is further down the food chain must adapt, "said head Tønnesen.
Right now, the employees in the company’s very busy, it is therefore a great paradox that lead alerts reductions.
– It is very frustrating to know that we will downsize, we are right now working overtime to get away from work. But in September-October, the situation would be different. Thus it is less to do. Right now, we see no light in the tunnel, "says Tønnesen.
Openness
He expects reductions will be implemented in August. The bulk of those that must go are engineers.
– Management has done a good job of informing the employees. The process is orderly, and we’ve known about this since May, said Tønnesen.
Subsea 7 employs 650 people, 400 of them in Stavanger.