Petrobras makes agreement on transfer and dismissal in divestment plan

Petrobras expects to raise up to $ 20 billion by selling eight refining assets (Photo: Sergio Moraes/Reuters)

Petrobras expects to raise up to $ 20 billion by selling eight refining assets (Photo: Sergio Moraes/Reuters)

  |   Sergio Moraes / Reuters

Labor Public Prosecution struck a deal with Petrobras on Wednesday (18) to prevent state-owned professionals from being fired as a result of the company's divestment process.

The agency filed a public civil action on the case in Bahia. Under the agreement, Petrobras must keep at least 40% of its employees in their home states for at least 18 months.

Read more in Folha de S.Paulo

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