Petronas offers career support, reskilling as it trims workforce
By AUFA MARDHIAH
PETROLIAM Nasional Bhd (Petronas) will provide strong support for employees affected by its upcoming job cuts, as part of its plan to restructure the company for the future.
'This undertaking will require workforce adjustments, with an estimation of 10% reduction of the total workforce. While this is a very difficult decision, it is a necessary one to ensure Petronas can continue to grow and serve the nation.
'Petronas is committed to managing this process fairly, objectively, and systematically,' it said in a statement.
Affected employees will receive a market-competitive separation package that goes beyond the legal minimum, along with access to career coaching, emotional support, medical assistance, upskilling programmes, and financial planning guidance.
To ensure a smooth and responsible transition, the company is working closely with the Ministry of Human Resources, including the Department of Labour and the Department of Industrial Relations, to comply with all regulatory requirements.
Additionally, Petronas is also collaborating with the Social Security Organisation (Perkeso) through the MyFutureJobs platform to help match eligible employees with new job opportunities.
At the same time, it is engaging with various government-linked companies to identify possible job placements within their organisations.
For those interested in starting their own businesses, Petronas' Innovation Garage will offer an entrepreneurship programme to help employees explore new ventures.
The support measures are part of Petronas' broader transformation into a more agile and integrated energy company. By investing in a future-ready, high-performing workforce, the company aims to stay competitive while expanding into cleaner and more reliable energy solutions.
Petronas said while the move is difficult, the company believes that it is necessary to ensure long-term growth and continued service to the nation.
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