Providence axes jobs and directors

Irish player’s shares slump as it hatches cost-cut plan with no sign yet of Apec Energy’s cash landing in bank

Cash constrained: Providence Resources, led by CEO Tony O'Reilly, cuts staff and quits office
Cash constrained: Providence Resources, led by CEO Tony O'Reilly, cuts staff and quits officeFoto: Eoin O'Cinneide/Upstream
Published 5 August 2019, 07:11Updated 5 August 2019, 11:15
FinancialCorporate