TTS Offshore Solutions AS implements temporary workforce reductions

TTS Offshore Solutions AS in Bergen, Norway, a subsidiary of TTS Group ASA, has decided to implement temporary workforce reductions with immediate effect.
A workforce of approximate 30 full-time equivalents will be temporary laid off, while another approximate 20 full-time equivalents will be contracted out to other TTS companies.
The adjustment affects approximate 40 per cent of the workforce of TTS' offshore operations in Norway and Poland. Adjustments are done due to the current offshore market situation