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Job cuts at engineering company Job cuts at engineering company
(20 minutes later)
An engineering company has made 69 people redundant at its plant in Newtownabbey, County Antrim.An engineering company has made 69 people redundant at its plant in Newtownabbey, County Antrim.
Schlumberger makes equipment for the oil industry at its factory in Mallusk.Schlumberger makes equipment for the oil industry at its factory in Mallusk.
The company, which currently employs 300 people athe factory, said the cuts were because of reduced activity in the oilfield services sector. The company, which currently employs 300 people at the factory, said the cuts were because of reduced activity in the oilfield services sector.
A spokesperson for the company said staff were told of the cuts at the end of July and that the redundancies would come into affect in September.A spokesperson for the company said staff were told of the cuts at the end of July and that the redundancies would come into affect in September.
Schlumberger employs more than 82,000 people worldwide.
It has announced two rounds of cuts in response to the global recession, shedding around 10,000 jobs.