Odfjell Announces Layoffs, Reduction of European Officers

Norwegian chemical tanker proprietor Odfjell introduced a restructuring plan at this time which can end in a discount of as much as 85 positions at their workplace in Bergen, Norway. The firm notes 32 are already concluded by way of attrition and early retirement.

“There will also be organisational changes at our offices abroad,” the corporate notes, together with “relocation of administrative tasks and reduction of Northwest European officers on our ships.”

The restructuring plan, in keeping with newly appointed CEO Tore Jakobsen, is estimated to enhance the online end result by in extra of USD $100 million on a yearly foundation inside 2016.

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