Subsea 7 to reduce headcount by almost 20% By Niamh Burns May 12 2015, 2:28 pm May 12 2015, 2:28 pm Share Subsea 7 to reduce headcount by almost 20% Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/576989/subsea-7-reduce-headcount-almost-20/ Copy Link Subsea 7 Subsea 7 plans to cut its workforce by almost 20% and reduce its fleet by up to 11 vessels. The move has been made as a result of the oil price decline since last year. The company, which focuses on the North Sea, expects to reduce its workforce by 2,500 by early next year. Read the full story on the Press and Journal’s sister website, Energy Voice.