"Up to 280 positions out of a total of 920 positions in our oil and gas business unit... will be redundant," Dong said.
Dong's oil and gas business operates in the UK, Norway and Denmark.
The company said in September that it was planning to launch a public listing for the oil and gas unit within 18 months. However, in January, Dong wrote down about 16 billion Danish crowns ($2.34
