Petrobras approves redundancy program targeting 1,100 workers

Core Insights - Petrobras, the Brazilian state-run oil firm, has approved a new voluntary redundancy program aimed at reducing its workforce by approximately 1,100 employees [1] Company Summary - The board of directors at Petrobras has made the decision to implement a voluntary redundancy program [1] - The program is part of the company's strategy to streamline operations and manage costs effectively [1]