Business

No retrenchment for Petronas despite challenging environment

Published on 4 Sep 2020 8:54:48 PM

Petroliam Nasional Bhd (Petronas) president and group chief executive officer Tengku Muhammad Taufik Tengku Aziz assured that there will be no job cuts although the company is facing challenging times.

In a press conference on Friday, Tengku Muhammad Taufik added that the national oil company plans to cut costs and is considering salary cuts.

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