(Reuters, 27.Feb.2019) — Brazilian state-run oil company Petroleo Brasileiro SA said on Tuesday that it is studying a voluntary layoff programme at its administrative headquarters in Sao Paulo to cut costs.
Petrobras, as the company is known, said in a statement it did not have further details or a timeline for potential layoffs. The Sao Paulo unit of the company employs more than 400 workers, according to a local union.
(Reporting by Roberto Samora and Marta Nogueira; Writing by Jake Spring ; Editing by Leslie Adler)
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