PEMEX.

PEMEX, Mexico's state-owned oil company, intends to lay off

Lay off

In the context of general equities, this eliminates all or part of a position by finding customers or other dealers to take the position. about 3,000 non-unionized workers, according to Mexican Energy Minister Felipe Calderon. The move will allow the company to trim its growing administrative costs. Calderon later quit his post.

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Title Annotation:	Mexico
Publication:	Latin Trade
Article Type:	Brief Article
Geographic Code:	1MEX
Date:	Aug 1, 2004
Words:	38
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Next Article:	Pemex, Mexico's state-owned oil company, has chosen U.S. technology management company Aprisma Management Technology to upgrade its local area...
Topics:	Petroleum industry Downsizing

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