Denmark’s DONG shrinking

Energy company cutting nearly 300 jobs

DONG Energy is cutting 280 jobs at its oil and gas division – nearly a third of its workforce in that sector.

The latest layoffs are a result of DONG Energy writing down the value of its oil projects by 16 billion kroner in its most recent financial report.

Falling oil prices not good for everyone
“Market conditions are putting pressure on our oil business and we need to adapt,” a Dong representative told DR Nyheder. “We need to cut costs and, unfortunately, reduce the number of employees.”

READ MORE: DONG Energy announces biggest loss in Denmark’s history

The company went through a similar round of layoffs in the autumn of 2014 when 100 jobs were cut.





  • DTU named best technical university in the EU

    DTU named best technical university in the EU

    The Technical University of Denmark, located half an hour from Copenhagen, has topped a new ranking of over 200 technical universities in the EU, where it stands out particularly for its excellence in research, innovation and internationalism.

  • Come and join us at Citizens Days!

    Come and join us at Citizens Days!

    On Friday 27 and Saturday 28 of September, The Copenhagen Post will be at International Citizen Days in Øksnehallen on Vesterbro, Copenhagen. Admission is free and thousands of internationals are expected to attend

  • Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia

    Diversifying the Nordics: How a Nigerian economist became a beacon for inclusivity in Scandinavia

    Chisom Udeze, the founder of Diversify – a global organization that works at the intersection of inclusion, democracy, freedom, climate sustainability, justice, and belonging – shares how struggling to find a community in Norway motivated her to build a Nordic-wide professional network. We also hear from Dr. Poornima Luthra, Associate Professor at CBS, about how to address bias in the workplace.