Report: SapuraKencana set to axe 4,000 jobs

By Offshore Energy Today.. Malaysian oilfield services provider SapuraKencana has reportedly decided to lay off more than 4,000 employees in an effort to reduce costs in a low oil price environment. 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 […]

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