Offshore firm plans pay cuts due to lack of belief in oil market recovery By Mark Lammey February 26 2016, 8:54 am February 26 2016, 8:54 am Share Offshore firm plans pay cuts due to lack of belief in oil market recovery Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/846169/prosafe-not-expecting-oil-market-recovery-plans-pay-cuts/ Copy Link Prosafe Offshore accommodation provider Prosafe said there was no oil market recovery on the horizon after proposing a round of staff pay cuts. According to one Prosafe worker, who wishes to remain anonymous, the Norwegian company will implement pay cuts across the board from May. Read the article on Energy Voice.
