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 Petronas cut job 10%, contract ggwp, No 6x bonus, ber1 make noise

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Sukhoi35mkm
post Jun 7 2025, 12:39 PM

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QUOTE(WinkyJr @ Jun 7 2025, 10:29 AM)
Explain please.

I thought having 'ex-Petronas' on your profile would be enough to easily land your next job, even headhunters would race to offer you a job, regardless of your skillset.
It’s like the local version of FAANG
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For "enablers" yes as many ex Petronas employed in Saudi... those kat office going bola/kaki.... sorry la....working culture well known in the industry
Sukhoi35mkm
post Jun 7 2025, 12:42 PM

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It is funny that reorg/resizing also become such big issue in MY while supermajors like kerang already doing for yrs yet NL/UK gomen talak bising since it is pure economy/business direction..


fu'house
post Jun 7 2025, 12:54 PM

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Trim the fat sila off load some ofis-ers unload some finance bois girls, law dept, marketing dsb



Remove those from UTP habis belajar doesn't mean automatik take them, owe them nothing.


Minyak tabuley untung like last time already. O&G been years in decline.
lawliet88
post Jun 7 2025, 12:54 PM

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QUOTE(WinkyJr @ Jun 7 2025, 10:29 AM)
Explain please.

I thought having 'ex-Petronas' on your profile would be enough to easily land your next job, even headhunters would race to offer you a job, regardless of your skillset.
It’s like the local version of FAANG
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Wat my experience dealing with petronas ppl is they only can handle 1 task (project) only and only it. Put then in extra project they become headless chicken


WinkyJr
post Jun 7 2025, 01:03 PM

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QUOTE(lawliet88 @ Jun 7 2025, 12:54 PM)
Wat my experience dealing with petronas ppl is they only can handle 1 task (project) only and only it. Put then in extra project they become headless chicken
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Ok, this is new.
Considering how expensive they are, I thought they were very capable of handling multitasking and projects.
I handle fullstack dev + project management for up to 4 projects at once.

BRB, submit resume.
james.6831
post Jun 7 2025, 03:40 PM

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anyway, dividends to gov gonna be less.. budget gonna hv huge deficit since madani dunno how to control spending... get ready for more taxes la..
hoonanoo
post Jun 7 2025, 04:57 PM

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QUOTE(callmecool @ Jun 7 2025, 12:31 AM)
I swear I know a senior manager there who earns about 50k a month having 6 or 8 kids. And his work is close to rubbish and useless there. Stealing a living.
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hope he gets retrenched.


hoonanoo
post Jun 7 2025, 04:58 PM

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QUOTE(fu'house @ Jun 7 2025, 12:54 PM)
Trim the fat sila off load some ofis-ers unload some finance bois girls, law dept, marketing dsb
Remove those from UTP habis belajar doesn't mean automatik take them, owe them nothing.
Minyak tabuley untung like last time already. O&G been years in decline.
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they need marketing ??? laugh.gif

they are a monopoly.
hoonanoo
post Jun 7 2025, 05:01 PM

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QUOTE(Taikor.Taikun @ Jun 5 2025, 07:57 PM)
Times are bad for everyone. European MNCs also restructuring, downsizing
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and stupid PN just want Petronas to run into negative
hirano
post Jun 7 2025, 07:38 PM

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QUOTE(hoonanoo @ Jun 6 2025, 11:40 AM)
small meeting they just cross the street and go to their satellite hotels to have meals and conference room.

those hotels rely 40% of their income from these waste of time meetings

now they trim these meetings and sell off these hotels.
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QUOTE(callmecool @ Jun 7 2025, 12:30 AM)
Yes simple training, department meeting, they will do in fancy hotel and with lots of good food.c
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yeaaa i can vouch for this. pernah attend biggrin.gif
NoNameSoldier
post Jun 7 2025, 07:39 PM

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because of petrol sarawak
cfa28
post Jun 7 2025, 07:45 PM

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PH Govt is stupid

the easiest approach to get more money is to bring back GST but they refused to

instead do this stamp duty, etc to trying to bring in millions when GST will bring in billions
TSnelson969
post Jun 7 2025, 07:46 PM

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more noise
Jigoku
post Jun 7 2025, 07:46 PM

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QUOTE(cfa28 @ Jun 7 2025, 07:45 PM)
PH Govt is stupid

the easiest approach to get more money is to bring back GST but they refused to

instead do this stamp duty, etc to trying to bring in millions when GST will bring in billions
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Gst horrible

Gst harga Naik

Long live SST and tax avocado
JLA
post Jun 7 2025, 08:25 PM

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Petronas job cuts driven by global downturn, not linked to Petros: Fadillah

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KUALA LUMPUR — The recent move by Petroliam Nasional Bhd (Petronas) to reduce its workforce is driven by global economic pressures and declining crude oil prices, not its dealings with Petroleum Sarawak Bhd (Petros), Deputy Prime Minister Datuk Seri Fadillah Yusof clarified today.

Speaking at a Hari Raya Aidiladha sacrificial ceremony at Taman Hussein Mosque here, Fadillah said the national oil company’s ongoing restructuring exercise is necessary in light of current global challenges, Bernama reported.

“That is why Petronas has to relook its entire operation. I’m planning a meeting with them to get a briefing on the matter and to ensure that the number of layoffs can be reduced, if not avoided,” he told reporters in Kuching today.

On June 5, Petronas president and chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz said the company is downsizing its workforce by 10 per cent as part of efforts to navigate tough market conditions, particularly due to the drop in oil prices.

He noted that approximately 5,000 employees will be impacted, with notifications to be made in stages throughout next year.

The announcement follows a recent understanding reached between the federal and Sarawak governments on May 21 regarding the roles of Petronas and Petros.

As outlined in a joint declaration, Petronas will continue to carry out its responsibilities under the Petroleum Development Act 1974 (PDA 1974), including its activities and obligations within Malaysia.

Existing agreements involving Petronas and its subsidiaries—particularly those related to the sale and export of liquefied natural gas (LNG)—will proceed without disruption.

A statement from the Prime Minister’s Office also reaffirmed that both federal and state laws pertaining to gas distribution in Sarawak will be upheld and respected by all stakeholders. - June 7, 2025
cms
post Jun 7 2025, 08:27 PM

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QUOTE(cfa28 @ Jun 7 2025, 07:45 PM)
PH Govt is stupid

the easiest approach to get more money is to bring back GST but they refused to

instead do this stamp duty, etc to trying to bring in millions when GST will bring in billions
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Pdg merbok how? Easy say lo do do do. Tong gas uturn, ron95 uturn, electric uturn, its never easy to implement economic reforms without pain and suffering.
akecema
post Jun 7 2025, 08:35 PM

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Now u know what anwar said
KALAU MENANG HARI INI, esok minyak turun
Now minyak really drop
hoonanoo
post Jun 7 2025, 08:36 PM

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QUOTE(hirano @ Jun 7 2025, 07:38 PM)
yeaaa i can vouch for this. pernah attend  biggrin.gif
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u ex petronas?

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