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Woodside Petroleum cuts 300 jobs and freezes pay

2015-03-24 03:30:14| Energy - Topix.net

Woodside Petroleum is cutting 300 jobs and freezing pay as the energy giant slashes expenditure following a plunge in the oil price. It said some roles would change as a halving in the oil price over the past year had put pressure on its bottom line and prompted it to accelerate efficiency plans.

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