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Petrobras studying voluntary layoff program in Sao Paulo


 

 

Por Reuters

SAO PAULO
Petroleumworld 27 02 2019

Brazilian state-run oil company Petroleo Brasileiro SA said on Tuesday that it is studying a voluntary layoff program at its administrative headquarters in Sao Paulo to cut costs.

Petrobras, as the company is known, said in a statement it did not have further details or a timeline for potential layoffs. The Sao Paulo unit of the company employs more than 400 workers, according to a local union.

________________________

Reporting by Roberto Samora and Marta Nogueira Writing by Jake Spring; Editing by Leslie Adler from Reuters.

reuters.com 26 02 2019

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