Petronas to cut 10 pct of workforce amid oil price slump, freezes hiring until 2026
KUALA LUMPUR (June 5): Petronas will cut about 10 per cent of its workforce as part of a major restructuring to reduce costs amid falling crude oil prices, financial news agency Bloomberg reported today. The state-owned oil and gas company plans to cut more than 5,000 jobs, CEO Tan Sri Tengku Muhammad Taufik Aziz saidRead More
5 Jun 11:49 · Borneo Post Online