KCA Deutag has announced plans to cut up to 230 jobs in Aberdeen as it grapples with a slowdown in North Sea drilling.
Overall the drilling contractor said 500 jobs across its business spanning 20 countries were “at risk”, while it would also cut staff wages by 5% across the board. The company employs 10,000 worldwide and 1,200 in its North Sea offshore business.
Revealing the plans to staff at its Altens base this afternoon, the firm said it would launch a consultation on its plan to cut 30 office jobs and 200 offshore roles after two of its North Sea clients “pause drilling operations”.