PETRONAS denies allegation on layoff of 5,000 staff

PETRONAS denies allegation on layoff of 5,000 staff
PHOTO: Reuters

This article was first published in Human Resources

PETRONAS has officially denied to lay off 5,000 staff in 2018 following an allegation made by blogger Syed Akbar Ali on his OutSyed the Box site on 15 September.

According to the allegation, PETRONAS was planning to terminate 5,000 employees next year in what was claimed as another round of "staff reduction" exercise group-wide.

According to the report, PETRONAS categorically denies the blogger's allegation.

It said: "The group's business review exercise conducted last year had affected 2,300 jobs as previously announced."

"There is currently no plan to undertake another exercise of that scale," it added.

Meanwhile, PETRONAS said in the release that it is committed to building a high-performing work culture where manpower optimisation and functional streamlining are an ongoing process - requiring greater capability and accountability as well as more stringent performance evaluation among its employees.

More about

Business malaysian
Purchase this article for republication.

BRANDINSIDER

SPONSORED

Most Read

Your daily good stuff - AsiaOne stories delivered straight to your inbox
By signing up, you agree to our Privacy policy and Terms and Conditions.