# Another one!

**URL:** <https://forum.gcaptain.com/t/another-one/13813>\
**Category:** Maritime News\
**Created:** [December 12, 2014, 6:20pm UTC](https://forum.gcaptain.com/t/another-one/13813 "2014-12-12T18:20:43Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![z-drive](https://avatars.discourse-cdn.com/v4/letter/z/c37758/32.png) [@z-drive](https://forum.gcaptain.com/u/z-drive)\
**Post date:** [December 12, 2014, 6:20pm UTC](https://forum.gcaptain.com/t/another-one/13813/1 "2014-12-12T18:20:43Z")

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> Dutch firm SBM Offshore to cut 1,200 jobs worldwideThu, Dec 11 2014  
> AMSTERDAM, Dec 11 (Reuters) - Dutch oil platform leasing company SBM Offshore said on Thursday it would cut 1,200 jobs as part of a global cost-cutting program.  
> SBM Offshore, which settled a bribery case with Dutch prosecutors for a record $200 million payment last month, said in a statement half the jobs were contractors and the other were permanent staff.  
> It said the cuts were expected to save an annual $40 million relating to permanent employees. The measures will cost $25 million, of which $17 million will be booked in 2014 and $8 million in 2015. (Reporting by Anthony Deutsch; Editing by [Mark Potter](http://blogs.reuters.com/search/journalist.php?edition=us&n=mark.potter&))

Interesting to see another elsewhere in the world. Unfortunate circumstances however.