Petrobras plans to axe 12,000 jobs

Brazil’s state-run oil company Petrobras is reportedly planning to cut 12,000 jobs through a voluntary layoff program in order to reduce costs. 

According to O Estado de S.Paulo, daily newspaper from Brazil, that quoted sources close to the matter, Petrobras will reduce its workforce by 12,000 jobs as part of its restructuring plan.

The plan has already been defined and it should be presented to the company’s staff by mid-year, the Brazilian daily added.

The applicants for this plan will reportedly receive compensation according to their length of service, age and salary. The cuts represent about 15 percent of Petrobras’ total of 77,800 permanent employees.

The Brazilian newspaper also reported that the oil company engulfed in a major corruption scandal in Brazil has already discussed the matter with the unions and is only awaiting for the approval from the board.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

OWI WA 2019

West Africa’s only dedicated Offshore Well Intervention Conference is returning for its second year…

read more >

OIL & GAS PHILIPPINES 2019

Oil & Gas Philippines event display products like Oil & gas, fire protection systems and materials…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply