Santos' Strategic Move: 10% Staff Cuts and Asset Review (2026)

The oil giant Santos is set to make a significant move, cutting 10% of its workforce and initiating a strategic review. This decision, aimed at boosting performance, will result in the loss of approximately 400 jobs and a thorough examination of its Australian oil and gas assets. But here's where it gets controversial: some argue that this move might not be enough to turn the company's fortunes around. The subscription model for accessing this news story offers a range of options, from a weekly rate of $1 for the first four weeks, then $44 every four weeks, to a locked-in rate of $8 a week for the first 12 months. This move by Santos has sparked debate, and we want to hear your thoughts. Do you think this is a necessary step for the company's future, or is there a better way to approach this situation? Share your opinions and join the discussion in the comments section.

Santos' Strategic Move: 10% Staff Cuts and Asset Review (2026)

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