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Petrobras Announces Voluntary Layoff Plan and Other Operational Cuts

Written by Paulo Nogueira

Published on 14/03/2019 at 15:48

Updated on 14/03/2019 at 15:52

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With the Intention of Saving US$ 8.1 Billion by 2023, Petrobras Plans to Lay Off Employees and Reduce Operational Activities Starting This Year

Petrobras announced a few days ago its plan to reduce its operational expenses by up to US$ 8.1 billion between 2019 and 2023, an announcement officially made on March 8. According to Petrobras, spending on employees is among the main cuts within the project through the voluntary dismissal plan, also including reductions in advertising expenses and its offices across the country.

With this reduction in expenses in its plans, the Brazilian state-owned company said it is also included in the divestment program, which was previously estimated at US$ 122.6 billion by 2023.

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Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

Petrobras Announces Voluntary Layoff Plan and Other Operational Cuts

With the Intention of Saving US$ 8.1 Billion by 2023, Petrobras Plans to Lay Off Employees and Reduce Operational Activities Starting This Year

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Petrobras Announces Voluntary Layoff Plan and Other Operational Cuts

With the Intention of Saving US$ 8.1 Billion by 2023, Petrobras Plans to Lay Off Employees and Reduce Operational Activities Starting This Year

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

Cabana do Pai Tomás will undergo an urbanization project with a confidential value, new housing, and slope containment in a project funded by the World Bank.

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