Woodside Energy Announces Plans to Cut at Least 500 Jobs Globally
Woodside Energy has announced plans to cut at least 500 jobs globally as part of a restructuring aimed at increasing returns for investors.
Australian energy company Woodside Energy has announced plans to cut at least 500 jobs across its global operations. The announcement was made public on November 5, 2026. At Metaintro, we track layoffs, store closures and return-to-office mandates in our layoffs tracker.
How Many Jobs Are Affected?
The planned cuts amount to more than 10% of the company’s workforce. The announced scope is global: Woodside Energy has announced plans to cut at least 500 jobs across its global operations.
For workforce context, The company had 4,693 employees as of December 2025, with most of its workforce based in Australia and the Americas, according to its annual report.
Where Are Employees Based?
About 80% of Woodside Energy employees are based in Australia, mainly in Western Australia. For workers following the announcement locally, It has not yet been specified exactly how many positions will be eliminated in Australia.
Why Is the Company Restructuring?
The restructuring was presented as part of a broader strategy to increase returns for investors. Alongside that strategy, The proposed reductions form part of a broader effort to increase operational efficiency and lower costs.
The wider business changes include a wider restructuring of the company’s portfolio, including asset divestments and a review of projects.
What Should Affected Workers Do Next?
Ask for written confirmation of your employment status, notice arrangements and any available separation support before making decisions about your next steps.
Keep copies of employment agreements, pay records and benefit documents, while respecting confidentiality requirements and restrictions on company information.
Update your resume with clear examples of your responsibilities, skills and accomplishments, and prepare versions suited to the roles you want to pursue.
Review your household budget and benefit coverage, and seek qualified advice about any separation agreement before signing it.
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People Also Asked
Q: How many jobs are being cut?
A: Woodside Energy has announced plans to cut at least 500 jobs across its global operations.
Q: What is the reason for the restructuring?
A: The restructuring was presented as part of a broader strategy to increase returns for investors.
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