Business Insider | Wood Group cuts workforce by 13% as lower oil prices bite Financial Times UK oil services company Wood Group has cut more than 5,000 jobs since December as the energy industry adjusts to an era of weak oil prices. The Aberdeen-based company, which is one of the largest contractors in the North Sea, revealed the hit to its ... This British energy group was kneecapped by cripplingly low oil prices Wood Group cuts 5000 jobs on oil price fall Wood Group cuts 5000 jobs amid oil price slump |