Oil and gas service company Hunting said it is preparing to make up to a quarter of its staff in Aberdeen redundant as it looks to streamline costs.
The company, which last year said it had made 20% of its overall workforce redundant, said it did not expect market conditions to improve in the short to medium term.
Earlier this week, Weatherford confirmed it would be making further job losses from its UK operations.
Hunting said the changes would affect between 20% and 25% of staff.
The company has a number of premises in the area including Badentoy at Portlethen.
There are currently 307 employees in Aberdeen.
Managing director Bruce Ferguson said: “We forecast that the market will not improve in the short to medium term, so we need to make further efficiency improvements along with more cost
savings in order to continue to make our Aberdeen business sustainable for the longer term.
“We have held back from further headcount reductions but, unfortunately, the further drop in activity has now made this unavoidable. We must look to resize our business to the new market
conditions and, as a result, to get our costs down to a level that we can sustain. “
Scottish Energy Minister Fergus Ewing said yesterday almost 10,000 workers had now lost their jobs in the North Sea oil and gas sector.
The Scottish Government has come under increasing pressure to release up-to-date estimates on the number of redundancies in the north-east amid accusations the current administration should do more to help the sector.
Last year, the company reported a 60% drop in its first quarter operating profits as it blamed falling global rig counts and cost-cutting across the industry.