The Ceylon Petroleum Corporation (CPC) and the Ceylon Petroleum Storage Terminals Ltd. (CPSTL) have launched a restructuring process aimed at maintaining a streamlined workforce.
According to CPC Managing Director Mayura Nettikumara, the reduction in employee numbers will occur naturally through retirements, and no layoffs will be carried out.
The restructuring aims to decrease the current workforce from over 3,200 employees to 2,035.
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