Gas giant Santos to axe 10% of staff, consider asset sales

Sydney Morning Herald

by Nick Toscano

February 18, 2026

Gas giant Santos to axe 10% of staff, consider asset sales

Santos, the second-largest Australian gas producer, will cull one in 10 jobs and may sell some of its assets as it faces a downturn in commodity prices.

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Originally published on Sydney Morning Herald on 2/18/2026