Petronas Layoffs: Energy Transition & Malaysia Impact
Petronas is slashing 5,000 jobs globally in a major restructuring initiative,the company announced last week. This important workforce reduction, impacting about 10% of its employees, directly addresses the ongoing energy transition and shifts within Malaysia’s business surroundings. The state oil company plans to streamline corporate functions, focusing on optimizing finance, human resources, and commercial units. The cuts represent the largest such move by Petronas in over a decade. News Directory 3 has the exclusive scoop on these crucial developments, providing critical context. Discover what’s next for Petronas and the future of energy in Malaysia.
Petronas to Cut 5,000 Jobs in Restructuring Effort
Updated June 13, 2025
malaysia’s state oil company, Petronas, is set to reduce its global workforce by 10%, eliminating approximately 5,000 positions. This major restructuring aims to address both the global energy transition and shifts in the domestic business landscape.
The job cuts, announced last week, represent the largest workforce reduction for Petronas in more than a decade. The company plans to streamline corporate functions, including finance, human resources, and commercial units. however, Petronas intends to protect frontline employees directly involved in revenue generation.
What’s next
Petronas will continue to implement its restructuring plan in the coming months, focusing on optimizing operations and adapting to the evolving energy sector.