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Tag Archives: 000 Workers in 2016

Keppel O&M Laid Off 10,000 Workers in 2016

On Thursday, leading offshore rig builder and real estate firm Keppel Corp. posted its smallest annual profit since 2006 – but still a profit, unlike the recent performance of many of its competitors. Keppel’s Offshore & Marine division brought down the broader group’s numbers, with earnings plummeting to $20 million for 2016, down 94 percent year on year. Keppel O&M has had to ...

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