OneSubsea Could Axe 600 Jobs In Leeds

Business & Finance

onesubsea-leedsOneSubsea, a Schlumberger company, is said to be considering to close up shop in Leeds next year which could lead to loss of up to 600 jobs.

The company that has over 900 employees at its base in Stourton, Leeds, said its order intake was significantly impacted by the downturn in the oil and gas industry leaving a good deal of its plants “underutilised”.

According to reports, OneSubsea said it would hold a 45-day consultation period on the plans, and retain some staff at its site on Queen Street, Stourton, under the proposals.

The company’s spokesperson was quoted saying: “This is only a proposal at this stage and we will be conducting consultation with the unions and employee representatives and make every effort to try and mitigate as much as possible the impact on our employees.”

Reportedly, OneSubsea would keep a presence in Leeds and continue to operate an engineering, project management and tendering hub in the city to continue to support its activities in the region.

Subsea World News Staff