Feb 18 (Reuters) – Australian oil and gas producer Santos Ltd said on Wednesday it was targeting a headcount reduction of around 10% to cut costs, as it reported a full-year underlying profit that missed market expectations. (Reporting by Sameer Manekar in Bengaluru; Editing by Sriraj Kalluvila)
Business
Australia’s Santos targeting 10% job cuts to reduce costs
Audio By Carbonatix
Feb 18 (Reuters) – Australian oil and gas producer Santos Ltd said on Wednesday it was targeting a headcount reduction of around 10% to cut costs, as it reported a full-year underlying profit that missed market expectations.
(Reporting by Sameer Manekar in Bengaluru; Editing by Sriraj Kalluvila)