Santos (ASX:STO) to cut 200 jobs amid asset review and project delays
Business news

Santos will reduce its workforce by 200 positions after reviewing its assets in Australia and abroad, particularly in Western Australia, Northern Territory, and Timor-Leste.
The company cited the closure of late-life assets and delays in project approvals, leading to a shift towards decommissioning activities and sequenced work programs.
Most of the job cuts are in Perth, Western Australia.