Arsenal’s dinosaur mascot Gunnersaurus has been axed as part of cost-cutting measures in the club.

Jerry Quy, who has played the mascot since its introduction in 1993, worked part-time for the club and was seen as an unnecessary cost with no fans in stadiums.

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Quy has also lost his other role at the club doing supporter liaison, especially for away fans, and will not return to it when fans come back. However, sources have told ESPN that he will be allowed to return to the role of mascot when fans return to games.

Arsenal announced in August that they would make 55 redundancies across all departments. While Quy’s departure is part of ongoing cost-saving measures, the loss of his job is not counted in these 55 redundancies as he worked part-time.

Arsenal’s self-sustainable business model relies heavily on matchday income from Emirates Stadium and the ongoing absence of supporters — in addition to the cancellation of concerts and other non-football events — has hit the club particularly hard despite owner Stan Kroenke’s net worth estimated to be $8.3 billion.

Arsenal became the first Premier League team to agree a pay cut with their first-team squad — 12.5% over 12 months, although that was reduced by 7.5% after the Gunners qualified for the Europa League by winning the FA Cup.

The club also terminated the contracts of around 10 members of their scouting network at the end of May, many of whom worked on identifying youth team and academy players.

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Like many energy companies across the world, the state-controlled firm has also been hit by the coronavirus pandemic. Photo: Budrul Chukrut/SOPA/LightRocket via Getty
Like many energy companies across the world, the state-controlled firm has also been hit by the coronavirus pandemic. Photo: Budrul Chukrut/SOPA/LightRocket via Getty

Norwegian gas and oil company, Equinor (EQNR) has announced its slashing 30% of the workforce in its exploration unit, to increase efficiency and reduce cost.

Equinor did not give an exact number but said “hundreds of jobs” will be affected worldwide, by the end of 2022.

Spokesman Erik Haaland told Yahoo Finance, that the company plans to reduce the UK exploration staff by around 60%. He said that a process had been “initiated to increase efficiency and reduce cost in the UK exploration team”, which is mainly based in London.

But, the reductions will not have an immediate impact on exploration plans, Haaland said in an email.

“For 2020 we expect to drill around 30-40 wells globally, and this announcement does not affect the planned activity level for 2020 and 2021.”

Equinor’s exploration spending has decreased by about a third from six to seven years ago. The firm said that it plans to focus on selected areas when searching for new gas and oil resources, including in the US, Brazil and Norway.

Previously, Equinor said it was planning to spend $1.1bn (£853m) on exploration this year, whereas in February it expected to spend $1.4bn.

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In August, Equinor confirmed it was making job cuts in the UK, Canada and US in response to the oil downturn.

Meanwhile, the majority state-controlled firm said it will keep production going after dozens of its staff went on strike at the company’s Johan Sverdrup oilfield, largest in western Europe.

Following the company’s announcement, Norway’s Lederne labour union vowed to escalate its offshore industrial action to four other Equinor fields next week.

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