Human Resources

Toggle

Article

Petronas

PETRONAS denies allegation on layoff of 5,000 staff

HR Masterclass Series: High-level HR strategy training workshops
with topics ranging from Analytics, to HR Business Partnering, Coaching, Leadership, Agile Talent and more.
Review the 2019 masterclasses here »

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.

Photo / 123RF

For the 5th consecutive year, HR Distinction awards will again honour the very best in the HR industry. Winning is both an affirmation of the exceptional quality of your work in the industry and among peers. Book your gala dinner table now
Contact us now for more details.

Read More News

Trending