PUTRAJAYA, June 6 — Petronas’ move to trim its workforce involves mostly contract workers, Prime Minister Datuk Seri Anwar Ibrahim said.

BENGALURU, April 23 — Intel is set to unveil plans this week to slash more than 20 per cent of its workforce, in a move to streamline operations and reduce bureaucratic inefficiencies, Bloomberg News reported yesterday, citing a person familiar with the matter.

HONG KONG, Feb 18 — HSBC has terminated the services of around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as part of a global restructuring exercise at the Asia-focused lender to cut costs.

SINGAPORE, June 21 — Singapore-based Grab Holdings, Southeast Asia's leading ride-hailing and food delivery app, is cutting 1,000 jobs or 11 per cent of its workforce, its chief executive officer said on Tuesday (June 20), citing the need to manage costs and ensure more affordable services long term.

WASHINGTON, Jan 7 — Fast food titan McDonald's is planning to cut some of its corporate staff, Sputnik quoted a CNN report citing a company memorandum.

LONDON, Sept 30 — The British Broadcasting Corporation (BBC) announced Thursday that it would cut 382 jobs as part of wider staff reductions to BBC World Service.

SINGAPORE, Sept 11 — The Singapore Airlines (SIA) Group yesterday announced the “difficult decision” to cut around 4,300 positions across its airlines.