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Malaysian oilfield services provider SapuraKencana has reportedly decided to lay off more than 4,000

stander
stander
in Oil, Gas and Energy News

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According to Nikkei Asian Review, an Asia-focused English-language publication, the Malaysian company will cut a third of its workforce that counts over 13,000 employees under a restructuring campaign that is effective starting June 1, 2016.


The news website stated that the company’s president and CEO, Shahril Shamsuddin, addressed the employees explaining the rationale behind the decision in a town hall meeting on Friday in Kuala Lumpur.


http://www.offshoreenergytoday.com/report-sapurakencana-set-to-axe-4000-jobs/



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