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Santos freezes hiring, reassesses 2020 expenditure

Kevin Gallagher CEO Santos
Santos plans to cease new hiring and is reviewing its capital spending plan following the recent drop in oil prices. Chief executive officer Kevin Gallagher said Santos was a much more resilient company today compared to 2015-2016 when it faced challenging oil prices and market conditions. Santos had planned to spend $US1.45 billion ($2.38 billion) …
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