No retrenchment or reduction of employees in Petronas - group CEO


4 Sep 2020, 10:37 am

Updated 2 months ago


Petroliam Nasional Bhd has given its assurance that there will be no reduction in the number of employees or retrenchment in the national oil company, although the group is in the midst of trimming capital cost to strengthen its resiliency.

However, it is mulling a pay cut in light of the continued challenging market conditions for the industry, its president and group chief executive officer Tengku Muhammad Taufik Aziz said...

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