Mexico's Pemex to save $184 million this year in reorganization
ReutersJun 4, 2025 8:09 PM
MEXICO CITY, June 4 (Reuters) - Mexican state energy company Pemex said on Wednesday that it plans to save 3.53 billion pesos ($183.89 million) this year and another 1.27 billion pesos next year as part of an institutional reorganization.
In a regulatory filing, Pemex said layoffs would make up 1.4% of historical full-time positions, and that 71% of its total payroll spending would go to operational areas.
($1 = 19.1960 Mexican pesos)
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