Petronas will not be laying off any of its workforce, despite targeting to slash operating expenditure (opex) by an estimated 30%, said Shamsul Azhar Abbas, its CEO.
No layoffs despite 30% opex cut target, say Petronas
www.kinibiz.com
Departing chief executive officer Shamsul Azhar Abbas says the state-owned petroleum company will instead be adding headcount for future projects
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