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Chinese oil giants to avoid retrenchment
Add BT as a preferred sourcePublished Fri, Aug 28, 2015 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Hong Kong
CHINA'S biggest oil companies say they'll cut costs, but not employees.
As the collapse in crude prices curbs profits and prompts a wave of layoffs in the energy industry from Schlumberger Ltd to Royal Dutch Shell Plc, Chinese state energy giants say their employees are safe.
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