US EditionPetroecuador Announces Layoffs of More than 930 Workers with “Overrated” Positions
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3 Articles
Some 936 workers of EP Petroecuador will be dissociated from their positions, between August 8 and 9, 2025, for having positions “overrated”. This was announced by the state in a statement, at the doors of the national holiday on August 10.
The government assures that the layoffs respond to a technical analysis that identified "overvalued" wages, with differences of up to 300% from market standards. The post ANTEP and SINTEP reject mass layoffs of 936 workers in Petroecuador appeared first on El Diario.
On August 8, Petroecuador announced the dismissal of 936 employees as part of a restructuring process that began in June and seeks to optimize the operations of the state company. The government states that the measure will generate an annual savings of approximately $31 million, which will be reinvested in strategic and technological projects for
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