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PM says Petronas job cuts mainly affect contract workers

6 Jun 2025, 3:47 PM
PM says Petronas job cuts mainly affect contract workers

PUTRAJAYA, June 6 — Petronas’ move to trim its workforce involves mostly contract workers, Prime Minister Datuk Seri Anwar Ibrahim said.

“It mostly involves contract (positions),” he said briefly when asked to comment on reports that Petronas would cut about 5,000 employees as part of its so-called “right-sizing”.

Anwar, who is also finance minister, said this after performing Friday prayers with 500 congregants at Surau Al-Ikhwan, Jalan Pinggiran Putra, near here today.

Also present was Menteri Besar Dato’ Seri Amirudin Shari.

Yesterday, Petronas president and chief executive officer Tengku Tan Sri Muhammad Taufik Tengku Aziz reportedly said Petronas would cut about 10 per cent of its workforce as part of the national oil and gas company’s “right-sizing” and restructuring.

Tengku Taufik denied the state-owned company would exit its business in Canada.

Petronas had previously said it needs to “right-size” to ensure its sustainability.

Petronas has nearly 50,000 employees, according to its website.

— Bernama

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