Laredo Petroleum cuts staff by 20%

Annualised savings amount to around $30 million, company said

Cuts: Laredo Petroleum sheds $30 million in annualised costs after staff cuts — Cuts: Laredo Petroleum sheds $30 million in annualised costs after staff cutsFoto: Layoffs: at Freeport-McMoRan's H/

Julia Martinez

Corporate Laredo Petroleum Permian Americas North America

Published 8 April 2019, 20:56Updated 8 April 2019, 20:56