Seacor Marine Holdings Inc., Houston, has announced that it has cost reduction plans that include measures to reduce workforce, reorganize management structure, and closure and/or consolidation of certain facilities in the U.S. Gulf of Mexico, Middle East, and Europe.
The company expects that upon completion of these initiatives, it will realize annualized recurring administrative and general savings of at least $8 million, representing approximately 17% of Seacor’s total administrative and...
https://www.workboat.com/news/offshore/seacor-to-make-cuts-in-gulf-of-mexico-personnel/