(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)