Norway -Job losses in oil industry continue -September 21, 2015

The steep decline in the price of oil has already cost thousands of jobs and triggered uncertainty among workers. More than 20,000 people already have lost their jobs in oil and oil supply companies. Early this month oil service firm Aker Solutions announced that as many as 500 employees will be losing their jobs, mostly in the subsea operations. This was followed by a message that between 500 and 800 employees of the oil service company MHWirth in Kristiansand may lose their jobs. MHWirth is owned by the investment company Akastor, in which industrial firm Aker has nearly a 35 percent stake. Because of the low energy prices, also coalmines are confronted with financial problems.

English: http://www.newsinenglish.no/2015/09/21/aker-firm-may-cut-another-800-jobs/  

http://www.newsinenglish.no/2015/09/02/coping-with-a-necessary-crisis/

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.