Subsea 7 reduces workforce by 3,600 By Rita Brown March 2 2016, 10:14 am March 2 2016, 10:14 am Share Subsea 7 reduces workforce by 3,600 Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/850315/subsea-7-reduces-workforce-3600/ Copy Link Subsea 7 has been hit by the continuing downturn in the oil and gas industry. Subsea 7 saw its full year earning fall to $4.8billion – down from last year’s $6.9billion. The firm confirmed a “downward revision of forecast activity levels” resulted in two impairment charges, totalling $657million. Read the article on Energy Voice.
