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SBM cuts deep

DUTCH company SBM Offshore will cut 1200 jobs from its 10,500 global workforce by the end of next...

Anthony Barich
SBM cuts deep

However, for SBM the news rubs salt into the wounds as it only just settled a bribery case with Dutch prosecutors for $US240 million ($A290 million) after a two-year inquiry into improper payments to government...

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