Finance

Petrofac is laying off hundreds of engineering and construction staff

London-listed contracting giant making fresh round of job cuts at Sharjah, UAE-headquartered division after postponement of contract awards

New layoffs: Employees in Petrofac's engineering and construction business are affected by new job cuts
New layoffs: Employees in Petrofac's engineering and construction business are affected by new job cutsPhoto: PETROFAC
  • Nishant Ugal
  • Rob Watts
New Delhi/London
PetrofacElie LahoudUnited Arab EmiratesAbu Dhabi
Published 2 December 2020, 12:52Updated 2 December 2020, 13:19