Pooi Koon Chong En Han Choong Elffie Chew - BLOOMBERG.COM

Petronas, as the company is known, said its new business structure is expected to result in the loss of about 1,000 jobs, according to a statement on its website. It didn’t specify if the positions to be vacated were those of permanent or contract employees. The company had about 51,000 workers as of the end of 2014.

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