Pemex to cut over 3000 jobs to save more than $540 million, Bloomberg reports

Mexican Oils (Pemex) prepares a major surgery to relieve its administrative and labor burden. The state oil company profiles the dismissal of 3,000 trusted workers from different areas as part of an austerity plan that would generate savings for more than 10 billion pesos. The restructuring initiative was presented this Thursday to its Board of Directors. The government plan of Claudia Sheinbaum goes through, in addition, a reduction of subsidia…

Pemex Announces 3000 Job Cuts in Restructuring Effort

Mexico’s Pemex plans to cut 3,000 jobs as part of a restructuring move aimed at reducing its expenses, Bloomberg has reported, citing a company document. The restructuring should lead to savings to the tune of $540 million, the document showed, by transferring over $300 million from Pemex’s personnel budget to its exploration and production department and help increase oil and gas output. The drive will also result in a more simplified corporate…

Pemex to cut over 3000 jobs to save more than $540 million, Bloomberg reports

(Reuters) – Mexican state oil company Pemex plans to layoff over 3000 tenured employees and save up around 10.5 billion pesos ($543.40 million) in the process, Bloomberg reported citing a company document dated April. The document was first reported by the Mexican newspaper Reforma. Reuters couldn’t immediately verify the details of the reports. ($1 = 19.3228 Mexican pesos) (Reporting by Yazhini MV in Bengaluru)

The state company Petróleos Mexicanos (Pemex), discusses plans to cut to 3,114 plant jobs as part of a corporate restructuring process that seeks to save about 10.5 billion pesos (540 million dollars), while the oil company tries to clean up its finances and increase production. The cuts would represent approximately 28% of the operating budget allocated to plant staff for 2025, according to a document dated April.

Will Pemex fire more than 3,000 workers? This we know The parastatal would seek to save itself 10.4 million pesos to heal its finances.Jerjes Vie, 23/05/2025 - 09:16 Mexican Oils (Pemex) will fire 3,000 114 trusted workers in order to save 10.494 million pesos in order to heal its finances.According to Bloomberg News, who had access to a document dated April, that cut is part of a corporate restructuring to reduce costs and strengthen its coffer…

Pemex plans restructuring and job cuts

Pemex, is planning a corporate restructuring that includes cutting more than 3,000 tenured jobs to reduce costs and improve operational efficiency