Heerema Fabrication Group (HFG) has made a decision to implement a reorganization of the company due to poor market conditions in the oil and gas industry.
As a result of the restructuring, an anticipated 450 of the existing 770 jobs in the company will be phased out, the company informed.
The job losses will affect the head office in Zwijndrecht (Netherlands), next to the HFG yards in the Netherlands, United Kingdom and Poland.
The management has already informed the employees of the situation and requested advice from the works council of HFG Netherlands, the company noted.
“We fully realize just how devastating the planned reorganization will be for many of our colleagues who have made such an important contribution to our company”, says HFG CEO Koos-Jan van Brouwershaven. “We will do our utmost to support them throughout this difficult period. At the same time we are convinced that these steps are absolutely essential for the stability of HFG and to guarantee its continuity.”
The plans will enable HFG to continue operations at all its locations in Vlissingen, Zwijndrecht, Hartlepool (UK) and Opole (Poland).
The reorganization will not affect the Heerema Innovation Center.
“The expectation is that, due to growing energy requirements in the long term, the number of projects in the market will increase again in the future. Until that time we will do everything in our power to maintain as much employment as possible”, added Koos-Jan van Brouwershaven.