Finance

11,000 Petrobras workers accept redundancy packages

Covid-19 resilience plan, which merges with ongoing de-leveraging effort, results major downsizing of the workforce

Downsizing: Roberto Castello Branco, chief executive of Brazil's state-controlled oil company Petrobras
Downsizing: Roberto Castello Branco, chief executive of Brazil's state-controlled oil company PetrobrasPhoto: REUTERS/SCANPIX
  • Gareth Chetwynd
PetrobrasBrazilRoberto Castello BrancoAmericasSouth America
Published 18 September 2020, 09:16Updated 18 September 2020, 09:16