Wood Group PSN to cut contractor rates by 10% and freeze salaries By Laura Redpath December 17 2014, 12:26 pm December 17 2014, 12:26 pm Share Wood Group PSN to cut contractor rates by 10% and freeze salaries Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/433649/wood-group-psn-cut-contractor-rates-10-freeze-salaries/ Copy Link Offshore and onshore contract workers employed by Wood Group PSN (WGPSN) will have their rates cut by 10% on the back of lower oil prices. The company said the move will be effective from January 2015. Read the full story on the Press and Journal’s sister website, Energy Voice.