OneSubsea: 600 jobs at risk at Leeds engineering firm

OneSubsea: 600 jobs at risk at Leeds engineering firm
 

Up to 600 jobs are under threat at an oil and gas engineering firm in West Yorkshire.
Staff at OneSubsea have been told it was considering stopping manufacturing at their Leeds factory in 2017.
It blamed the "most severe downturn of the past 30 years" in the oil and gas industry, with "operators significantly reducing their investment".
OneSubsea has 929 staff in Leeds. Some staff will remain at its site on Queen Street, Stourton, under the proposals.
In a statement, it said a drop in orders meant many of its plants were "underutilized".
More on this story and... read more

 
5 October 2016 in Business, Views: 203
Source: BBC
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