Maritime Jobs
Wednesday, June 20, 2018

Aker to Cut 280 Jobs in Britain

Posted by April 19, 2016

Norwegian oil industry engineering group Aker Solutions is to cut around 280 jobs, 11 percent of its U.K. workforce, in its Aberdeen and London offices, the company said on Tueday, blaming poor market conditions.
 
Aker suspended dividend payments in February and warned market conditions would remain challenging as the slump in oil prices has led to reduced spending by oil companies.
 
"Aker Solutions (has begun) a consultation with employee representatives on reducing its UK Subsea workforce capacity because of a continued market slowdown," said a spokesman.
 
Aker has roughly 15,000 permanent employees worldwide, 2,500 of whom are based in Britain.
 
The job cuts are part of Aker's plan to reduce costs by shrinking its workforce by 25 percent compared with mid-2014. Last month, it announced 600 jobs would go in its Norwegian subsea engineering and services division.


(Reporting by Karolin Schaps; Editing by Greg Mahlich)
Aker Solutionsoil industry engineeringoil

Featured Jobs

Assistant MSC Fleet Manager – Watson Class LMSR

Newport News, Virginia, United States

Power Plant Operator Trainee

Storrs, CT, United States

Power Plant Operator 1

Storrs, CT, United States

Lead Power Plant Operator

Storrs, CT, United States

Ship Repair Estimator

Tampa, FL, US

Master Mariner

Rigel Shipping Canada IncShediac, NB, Canada

FY18-16 Staff Assistant-STCW & Mariner Credentialing Department

Massachusetts Maritime AcademyBuzzard Bay, MA, USA

Scheduler/Dispatcher

Vane BrothersBaltimore, MD, USA

Port Technician

Moran Towing Corporation

Chief Engineer

Moran Towing Corporation

Featured Employers

Gibbs & Cox

Gibbs & Cox is an independent engineering and design firm specializing in naval architecture, marine

Rigel Shipping Canada Inc

Rigel Shipping Canada Inc. has built upon its reputation for marine tanker expertise to become a rec