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Petrobras May Renew Workforce After Voluntary Dismissal Program

Written by Paulo Nogueira
Published on 25/04/2019 at 14:23
Updated on 25/04/2019 at 14:38
Petrobras demissão voluntária
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After Officializing Its Voluntary Dismissal Program to Contain Costs, Petrobras Raises Resources Exceeding R$ 4 Billion in Just Over 3 Years

Without further ado, Petrobras, through its board of directors, approved a new Voluntary Dismissal Program. Initially, the state-owned company will incur expenses of approximately R$ 1.1 billion but will save (or return) about R$ 4.1 billion by 2023 in just over 3 years.

As announced by Petrobras, employees who are eligible to join the program and are technically retired by INSS can apply until the end of June 2020. The state-owned company was very emphatic in stating that it has concrete plans to renew and maximize its workforce as demands and operational activities also increase.(read the article about the state company’s new demands here).

“The PDV was developed considering the replacement cost of the company’s workforce, the preservation of the necessary personnel for operational continuity, and adherence to the current Business and Management Plan,” the company stated. “The cost and return values may change according to actual participation, as well as other variables, with these estimates based on assumptions and criteria applicable at this moment,” highlighted Petrobras.

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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.

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