Denmark’s DONG shrinking

Energy company cutting nearly 300 jobs

Mar 1, 2016

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.”

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

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Denmark’s DONG shrinking

New US Arctic security strategy co-opts Denmark as Russia deterrent

Anti-whaling activist and Greenpeace co-founder Paul Watson arrested in Greenland

Migratory birds bring dangerous ticks to Denmark

Planes grounded in CPH as worldwide IT outage hits airlines, media and banks

CrowdStrike director: IT outage issue “has been identifed”

Foreign labour contributes DKK 76 billion to Danish economy in three months

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How internationals can benefit from joining trade unions

Internationals in Denmark rarely join a trade union

Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

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