Petronas: No plans to cut jobs, salaries
Petroliam Nasional Bhd's (Petronas) newly elected president and chief executive officer Datuk Wan Zulkiflee Wan Ariffin has denied a news report that the group is going to cut the salary of Petronas Carigali employees.
"There would be no salary cut for Petronas staffs including Petronas Carigali Sdn Bhd.
"There would be no retrenchment of Petronas staff," he told reporters after Petronas Dagangan Bhd's annual general meeting on Wednesday.
He explained that the 20 per cent salary reduction is part of the group cost-optimising exercise with its service provider.
"Service provider is providing us professionals services with salary range of more than 20,000 ringgit (US$5,400), up to even hundreds of thousands ringgit," he said.
