Number of SOCAR employees reduced


September 7, Fineko/ The number of employees of the State Oil Company of Azerbaijan (SOCAR) has decreased.

The SOCAR annual report for 2017 says that the number of employees in SOCAR in 2017 made up 50,122 persons that is by 811 people less versus 2016 (50,933 people).

"The reason for such a decrease of 1.6% in the number of Company’s employees last year is linked with improvement of the SOCAR management mechanism, implementation of structural changes with the purpose of further improvement of Company’s efficiency," the report says.