Australian energy giant Woodside to cut over 500 jobs

NAMPA / Xinhua
2026-11-05
SYDNEY, Nov. 5 (Xinhua) -- Australian oil and gas giant Woodside Energy on Thursday said it will cut over 500 jobs from its global workforce under a new target to cut costs. Woodside said in a statement to the Australian Securities Exchange (ASX) that it is targeting 400 million U.S. dollars of annual structural cost reductions from 2028. It said that the reduction would be delivered by optimizing its portfolio and supply chains and by cutt......
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