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US oil company APA lays off nearly 15% of staff, Bloomberg News reports

March 19, 20259:04 AM Reuters0 Comments

Apache oil well in the Permian Basin U.S. oil producer APA has cut nearly 300 employees globally in January and late February, Bloomberg News reported on Wednesday.

The figure amounts to around 10% to 15% of APA’s workforce, the report added, citing the company’s reply to an email.

(Reporting by Seher Dareen in Bengaluru; Editing by Shailesh Kuber)

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