Tuesday, June 16, 2015

Statoil predicts downsizing with up to 1,500 – HegnarOnline

Statoil predicts a reduction in staffing 1100-1500 regular employees by the end of 2016, it is stated in a message.

In addition, the company will reduce the number of consultants with a further 525.

– We regret the need for further reductions, but the improvements required to strengthen Statoil’s competitiveness and secure our future value creation, says executive vice president for operations in Statoil, Anders Opedal said in a statement.

– Decisions about staffing reductions due to efficiency will be taken in each business based on assessments involving managers and union representatives, and local discussion. Once this is complete, we know how accurately the current estimate is. This work will take place in the business areas in the period from August to November, says personnel director Magne Hovden.

Already cut
Since the end of 2013, the workforce was reduced by 1,340 employees and 995 external consultants.

“The reductions are achieved through more limited use of consultants, natural attrition, internal redeployment to new positions, severance pay and early retirement. The recruitment during the period was very limited, but the company has continued its effort to recruit apprentices and graduates “the statement said.

– We have so far solved redundancies through voluntary arrangements, and our goal is still the staffing process the nearly 18 months to be implemented on a voluntary basis, says Hovden comments.

Read the full release here.

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