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Santos to shed another 200 jobs

SANTOS will axe another 200 jobs in an attempt to save $100 million over three years while it battles sliding oil prices.

TROUBLED energy giant Santos is axing another 200 jobs in a $100 million cost-cutting drive designed to slash debt as it battles sliding oil prices.

THE oil and energy producer says most of the jobs are Adelaide-based office roles and that the cuts are part of a strategic review led by executive chairman Peter Coates.

Original URL: https://www.news.com.au/finance/business/santos-to-cut-200-jobs-to-slash-costs/news-story/78fc3b8a949e644173da989ee63438b4