FILE PHOTO: People walk in front of the Brazil’s state-run Petrobras oil company headquarters in Rio de Janeiro, Brazil, October 16, 2019. Picture taken October 16, 2019. REUTERS/Sergio Moraes/File Photo
July 1, 2020
RIO DE JANEIRO (Reuters) – Some 10,000 employees of Brazil’s state-run Petrobras have signed up for a voluntary buyout program, the company’s chief executive, Roberto Castello Branco, said during a live interview with a newspaper on Wednesday.
That figures comes to about 22% of the company’s more than 45,000 employees, he said. Castello Branco said Petroleo Brasileiro SA <PETR4.SA>, as the company is formally known, plans to have about 30,000 total employees in the long term.
(Reporting by Gram Slattery)
