PETRONAS prioritises employee welfare amid strategic workforce rightsizing


A Petronas staff member is seen walking past the PETRONAS logo at the Petronas Twin Towers following the group's financial results announcement on March 13. — AZMAN GHANI/The Star

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) remains committed to safeguarding employee welfare amid a global polycrisis and mounting challenges in maximising the country’s oil and gas potential.

The national oil company announced plans for workforce adjustments, estimating a 10% reduction as part of a group-wide restructuring to cut costs amid falling crude prices and continued market volatility impacting its profitability.

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