Type
Internal restructuring
Country
United Kingdom
Region
Scotland; North Eastern Scotland; Aberdeen City
Location of affected unit(s)
Aberdeen
Sector
Professional Services
Scientific, Architectural And Engineering Technical Activities
Architectural And Engineering Activities; Technical Testing And Analysis
71.12 - Engineering activities and related technical consultancy

130 jobs
Number of planned job losses
Job loss
Announcement Date
20 September 2016
Employment effect (start)
Foreseen end date

Description

Engineering company Technip, which provides engineering and consultancy support for the oil and gas industry, has announced plans to cut 130 further jobs from its operations based in Aberdeen.  The oil and gas industry has been suffering from low demand for some time and the latest job cuts are a response to the ongoing situation. Technip announced in 2015, that it would be reducing 6,000 jobs from its global workforce in a bid to make large savings. The affected workers have been informed of the company's plans and a compulsory consultation period is in progress. 


Sources

  • 20 September 2016: BBC Website
  • 21 September 2016: Daily Record

Citation

Eurofound (2016), Technip, Internal restructuring in United Kingdom, factsheet number 88659, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88659.