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Report: Chevron cutting workforce in Thailand

stander
stander
in Oil, Gas and Energy News

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Reuters on Monday cited a company official who said that the cuts would enable the company to keep doing business in the Southeast Asian country.The San Ramon, California-based oil firm, Reuters writes, has plans to lay off 800 people this year, in order to cut costs at the time of low oil prices, with the aim to save as much as $500 million.


Offshore Energy Today has reached out to Chevron, seeking confirmation of the reports.


http://www.offshoreenergytoday.com/report-chevron-cutting-workforce-in-thailand/?utm_source=emark&utm_medium=email&utm_campaign=daily-update-offshore-energy-today-2016-05-17&uid=217924


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