EMCC European Monitoring Centre on Change

Aibel

Company/Organisation:
Aibel

Geographic Location

Country: Norway
Region: Vestlandet; Norge
Location of affected unit(s): Sandnes, Haugesund

Company

Sector: Manufacturing
Manufacture of transport equipment
30.11 - Building of ships and floating structures
Number Employed: 3800

Employment Effects

Announcement Date: 04-04-2016
Planned Job Reductions min: 500
Planned Job Reductions max: 500
Type of Restructuring: Internal restructuring
Employment Effect Start: 25-04-2016
Foreseen End Date: 31-07-2016
Direct Dismissals: 500

Additional Information

Aibel, a service company in the oil and gas industry, will cut 500 employees at various locations in Norway. About 235 of the positions will be cut in Sandnes, but also the sites in Haugesund, Bergen, Kristiansund, Stjørdal and Harstad will be affected. The economic downturn in the petroleum sector is heavily affecting the company, which has already undergone several rounds of restructuring in 2015, 2014 and 2009. Union representatives report that they intend to engage in dialogue with the company in April, while the process is expected to take at least three months.