OB:AKERIndustrials
What Aker (OB:AKER)'s Job Cuts and New Equinor Contracts Mean For Shareholders
Aker Solutions recently announced plans to cut just over 500 of its roughly 12,000 permanent roles as it prepares for lower activity levels in 2026, even as it works to adapt its portfolio and improve competitiveness.
At the same time, the company secured multiple long-term frame agreements with Equinor worth an estimated NOK 8.00 billion to NOK 12.00 billion for maintenance and modification services, underscoring a shift toward more predictable life-cycle work.
We’ll now examine how this...