Sapura Energy to cut 800 jobs amid financial crisis

MAYALSIAN oil and gas contractor and explorer, Sapura Energy, will shed 800 jobs in a move to cut operational expenditure amid the low oil price which has dried up much of its work.

Sapura Energy to cut 800 jobs amid financial crisis Sapura Energy to cut 800 jobs amid financial crisis Sapura Energy to cut 800 jobs amid financial crisis Sapura Energy to cut 800 jobs amid financial crisis Sapura Energy to cut 800 jobs amid financial crisis

 

Sapura chief executive Tan Sri Shahril Shamsuddin told employees the company would cut 20% of its global workforce to resize the business due to the "cyclical nature" of the oil and gas

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