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Job cuts at engineering company | Job cuts at engineering company |
(30 minutes later) | |
An engineering company is to close 69 posts at its plant in Newtownabbey, County Antrim. | |
Schlumberger, which makes equipment for the oil industry, said it did not know how many people faced redundancy. | |
The company, which currently employs 300 people at the 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 said staff were told of the cuts in July and that redundancies would come into affect in September. | |
Schlumberger employs more than 82,000 people worldwide. | 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. | It has announced two rounds of cuts in response to the global recession, shedding around 10,000 jobs. |