
Australia· PerthWoodside to cut 500 jobs globally
Australian gas giant Woodside is set to eliminate at least 500 jobs worldwide as part of a cost-cutting initiative.
Background
Australia is a major global exporter of natural gas. The energy sector, including gas companies like Woodside, is a significant contributor to the Australian economy. Fluctuations in global energy markets and company-specific cost-cutting measures can impact employment within this sector.
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Woodside to cut 500 jobs globally
First report 2h agoLast update 2h agoWoodside, an Australian oil and gas company, is axing 500 jobs globally to reduce annual costs by $550 million.
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