Petrofac to cut up to 160 jobs

Oil firm Petrofac are to cut up to 160 jobs.

Published 11th Jan 2016

Oil firm Petrofac say they are to cut up to 160 jobs from their UK operations.

The final number of redundancies and how many will be in Aberdeen has not been confirmed yet - and won't be until a consultation is completed.

The job cuts ae thought to represent around 10% of the company's workforce.

In a statement, the company said: “We’re constantly looking for ways to make our business as cost efficient and delivery-focused as possible. Integration of our UK services will deliver a streamlined and effective business which is designed to ensure we remain competitive and sustainable against a challenging industry backdrop.”

“We’re making every effort to minimise the impact on our 1900 UK employees. Under our current proposals the positions potentially at risk represent less than 10% of our entire UK population and will be spread across our operating centres.”