Woodside Energy says it will cut its global workforce by about 500 roles as part of a cost-reduction programme starting to take effect from 2028. The company frames the job cuts as part of a broader effort to reduce operating costs through a larger annual savings target.
Across the coverage, outlets align on the scale of the workforce reduction and the timing of the cost programme. Business News and The West Australian both describe the cuts as stemming from an increased target of roughly $570 million per year, with The West Australian characterising it as a “costs blitz” and specifying the workforce base of about 4,600 employees. Seeking Alpha adds a different dimension by describing the cuts as “at least 10%” and referencing a $400 million cost-savings target.
Overall, the reporting agrees on Woodside’s intention to reduce staff by around 500 and to pursue substantial cost savings from 2028, while differing in the emphasis on percentage framing and the exact savings figure.
