Layoff | Egypt Oil & Gas

UK Oil and Gas Firms Plan to Cut More Jobs

About 32% of UK's oil and gas companies, more than four in 10, are planning to cut more jobs in 2016 in response to the downturn in the industry.

Brazil’s Petrobras Reduces Costs Affecting Up to 12,000 Jobs

Brazil’s troubled state-run oil company Petrobras announced a beefed up voluntary layoff program that could affect up to 12,000 jobs amid intense efforts to cut costs.

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