By Reuters
SAOPAULO (Reuters) – Brazilian state-run oil company Petroleo Brasileiro SA said on Tuesday that it is studying a voluntary layoff programme at its administrative headquarters in Sao Paulo to cut costs.
Petrobras, as the company is known, said in a statement it did not have further details or a timeline for potential layoffs. The Sao Paulo unit of the company employs more than 400 workers, according to a local union.
(Reporting by Roberto Samora and Marta Nogueira; Writing by Jake Spring ; Editing by Leslie Adler)
