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Insider UK
Insider UK
Business
Peter A Walker

EXPLAINED: Capricorn energy set to cut uk workforce by 75 | Rare Historical Photos

Capricorn Energy Astrology United Kingdom Egypt Edinburgh Oil

Capricorn Energy is set to make around 120 of its UK workforce redundant.

In a stock exchange update, the Edinburgh-headquartered oil and gas producer stated that it is consulting with 238 global employees and expects to have fewer than 40 in the UK.

This is part of a strategic shift, focusing on its operations in Egypt.

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