Here’s How Petrobras Plans to Save Around $440 Million
Business Finance News takes a look at how Brazilian oil giant Petrobras aims to save around $440 million through jobs cuts and reduction in refinery units In order to streamline its operations, Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) announced to slash 30% of its managerial positions, Bloomberg reports. The energy company plans to save around … Read more