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Woodside to cut more than 500 jobs in $400m savings drive

Australian energy giant Woodside is planning to cut more than 500 jobs worldwide as part of a restructuring programme aimed at delivering $400m in annual cost savings from 2028. The workforce reduction, equivalent to mor

Bojan Lepic·November 5, 2026·2 min
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Woodside to cut more than 500 jobs in $400m savings drive

Australian energy giant Woodside is planning to cut more than 500 jobs worldwide as part of a restructuring programme aimed at delivering $400m in annual cost savings from 2028. The workforce reduction, equivalent to more than 10% of the company’s employees at the end of 2025, forms part of a broader effort to streamline operations, …

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