(Corrects to clarify not ENI-owned, plan by 2020).
(ANSA) - Rome, October 25 - Oil and gas contractor Saipem is
to shed 800 jobs under a new business plan, the company said
Tuesday. It said the plan would split the company into five
divisions by 2020. Saipem also said it had a nine-month loss of
1.9 billion euros.
Saipem to shed 800 jobs (2)
9-mth loss 1.9 bn