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Monday, June 15, 2026

Tag: unemployment

LO boss: ‘Norway is now in crisis’

The boss of trade union confederation LO, Gerd Kristiansen, is among those now claiming that Norway's economy is in crisis because of rising unemployment....

Another 600 lose jobs at Aker Solutions

The low level of investment and activity in the oil and gas sector has prompted offshore company Aker Solutions to lay off another 600...

Statoil resorts to more severance offers

Norwegian state oil company hasn't managed to encourage enough people to quit, as it continues efforts to cut staffing and costs in the midst...

Layoffs and paycuts hit more companies

Norwegian workers in the oil and offshore industry are facing more trauma, while the country's economic growth is slowing to a crawl. Several companies are now...

Norway risks a fall into recession

Analysts and top politicians remain optimistic about Norway's economic prospects, but a leading US investment bank now warns there's an 88 percent chance that...

New Statoil cuts worry suppliers and employees

Even though Norway's state oil company Statoil reported some large losses on Thursday, its share price soared because investors hailed the company's plans to...

DNB blasted for closing branches

DNB's announcement on Wednesday that it plans to close more than half its branch offices, and lay off 600 employees, has set off protests from...

Job cuts spread to west coast bank

Sparebanken Vest, a regional bank serving customers mostly in western Norway, announced on Tuesday it will be shutting down branches and laying off as many...

Another oil rig company cuts up to 200 jobs

Citing an "extremely demanding" market, Songa Offshore announced on Monday that it would reduce staff by as many as 200 people. The move makes...

Aker Solutions snares big new contract

The crisis-hit modifications and maintenance division of Oslo-based oil service firm Aker Solutions got some welcome news on Monday. It won a major contract...
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