“Worrying time” for GE workforce

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The Conservative MSP for the North East has called on the Scottish Government to support workers will be laid off by a Montrose engineering firm.

Liam Kerr, Scottish Conservative MSP for the North East Region made the comments following news that around 32 jobs are understood to go at GE Oil & Gas.

Mr Kerr said: “This will be a worrying time for workers at GE Oil and Gas in Montrose, particularly with family budgets being stretched in the run-up to Christmas.

“The continued low oil price has forced GE, like most other oil services companies in the North Sea, to make adjustments to reduce costs. I know this is a step that will not have been taken lightly.

“We can only hope that any redundancies will be kept to a minimum.

“The Scottish Government has its part to play in helping those affected access support and retraining opportunities, and I would expect that the relevant agencies are engaging with GE at this time.”

The US-based firm, which is part of the General Electric corporation, employs around 400 people at their premises Brent Avenue and Charleton Road.

A 45 day redundancy consultation period began last week and it is understood that employees affected will leave their posts in January.

Blow-out preventers, pumps and compressors used in oil exploration and production are made at their Montrose site.

Last year a reported £13.5 million was invested by GE in the Montrose facility

Thousands of jobs have been lost in the oil and gas sector following the dramatic drop in the per barrel price to below $30. Even as oil prices continue to rise the effects are still being felt by producers.

Last month, in an attempt to weather the storm, GE Oil & Gas announced a potential merger with fellow industry giant Baker Hughes to create an oilfield services conglomerate worth $32 billion.

Last month GE Oil & Gas said it was taking action to reduce the cost structure of the business, including some workforce reductions and consolidation of manufacturing and service operations.

A spokesman said: “We don’t make these proposals lightly, but believe action is necessary for the long-term health of the business, to remain competitive and to better meet the needs of our customers.”