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(adsbygoogle = window.adsbygoogle || []).push({}); Statoil offering severance packages to all 22,500 employees - Algeria latest news

STATOIL posted the news on their intranet Tuesday morning, informing their employees that all employees would receive an offer to apply for severance packages. Previous practice in complying with necesarry workforce reductions has beenseverance packages to groupsand departments within the company.

Statoil is now offering severance packages to all employees. Statoil currently employs 22,000 people in 38 countries aroun the world. The aim is a reduction of 1,500 employees by 2016 in addition to a reduction of 500temporary employees by the end of 2016. According to the annual report , the workforce was reduced by 1,900 employees during 2014.

Statoil posted a 2,8 Billion NOK loss pr. 3'rd quarter 2015.

Tag(s) : #Europe

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