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Santos to Cut Workforce by 10% After Slump in Annual Profit

General • February 18, 2026

profit'>Santos to Cut Workforce by 10% After Slump in Annual Profit is drawing significant interest across the industry.

Santos Ltd. is targeting a 10% headcount reduction after Australia’s second-biggest natural gas producer reported a slump in profit on lower oil and gas prices.

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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