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Petronas will not be laying off any of its workforce, despite targeting to slash…

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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