Jun 5 2025, 09:40 PM
» Click to show Spoiler - click again to hide... «
QUOTE(nelson969 @ Jun 5 2025, 07:52 PM)
https://www.thestar.com.my/business/busines...r-profits-slump
PETRONAS to cut 10% of workforce after profits slump
CORPORATE NEWS
Thursday, 05 Jun 2025 5:57 PM MYT
PETROLIAM Nasional Bhd. will cut about 10% of its workforce in a firm-wide restructuring as the company looks to reduce costs due to falling crude prices and market volatility that has impacted its profits.
Malaysia’s state-owned oil firm will reduce headcount by upward of 5,000 people, Petronas Chief Executive Officer Muhammad Taufik said in a briefing in Kuala Lumpur on Thursday. It will also freeze hiring until December 2026, he said.
Petronas’ profits slid 32% in 2024, following a 21% drop in 2023. The challenges are slated to continue this year, in part due to a continued decline in Brent crude prices. - Bloomberg
PETRONAS to cut 10% of workforce after profits slump
CORPORATE NEWS
Thursday, 05 Jun 2025 5:57 PM MYT
PETROLIAM Nasional Bhd. will cut about 10% of its workforce in a firm-wide restructuring as the company looks to reduce costs due to falling crude prices and market volatility that has impacted its profits.
Malaysia’s state-owned oil firm will reduce headcount by upward of 5,000 people, Petronas Chief Executive Officer Muhammad Taufik said in a briefing in Kuala Lumpur on Thursday. It will also freeze hiring until December 2026, he said.
Petronas’ profits slid 32% in 2024, following a 21% drop in 2023. The challenges are slated to continue this year, in part due to a continued decline in Brent crude prices. - Bloomberg
Should offer early retirement to those yg sudah kaya.. Kwsp more than 1mill
Quote
0.0172sec
0.80
6 queries
GZIP Disabled