Petronas de­nies to lay off 5,000 em­ploy­ees next year

The Borneo Post - - FRONT PAGE -

KUALA LUMPUR: Petronas yes­ter­day de­nied an al­le­ga­tion made by a blog­ger say­ing that it planned to ter­mi­nate 5,000 em­ploy­ees next year in what was claimed as an­other round of “staff re­duc­tion” ex­er­cise, group-wide.

In a state­ment, the na­tional oil gi­ant com­pany said it “cat­e­gor­i­cally de­nied” such an al­le­ga­tion made by blog­ger Syed Ak­bar Ali on his ‘OutSyed the Box’ site.

It added that the group’s busi­ness re­view ex­er­cise, con­ducted last year, had af­fected 2,300 jobs as pre­vi­ously an­nounced and there was cur­rently no plan to un­der­take an­other ex­er­cise of that scale.

“Petronas, how­ever, is com­mit­ted to build­ing a high­per­form­ing 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,” it added.

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