(Reuters) -Energy group OMV said on Friday it has started negotiations with employee representatives in Austria as part of a cost-saving programme that it says could have a "mid-three digits labor
OMV Initiates Staff Reductions as Part of Cost-Saving Strategy in Austria
(Reuters) -Energy group OMV said on Friday it has started negotiations with employee representatives in Austria as part of a cost-saving programme that it says could have a "mid-three digits labor impact" in the country.
It did not provide an exact figure.
The Austrian company added in a statement it has identified a cost savings potential of 400 million euros ($469 million) by the end of 2027.
($1 = 0.8537 euros)
(Reporting by Paolo Laudani, editing by Thomas Seythal)
