WorleyParsons cut 1700 jobs to save money

By Jenny Wiggins
Updated August 28 2014 - 7:08am, first published August 27 2014 - 6:32pm
WorleyParsons chief Andrew Wood is out to change the company's culture to boost profits. Photo: Jim Rice
WorleyParsons chief Andrew Wood is out to change the company's culture to boost profits. Photo: Jim Rice

Engineering company WorleyParsons has declared that its axing of thousands of staff will help it navigate the tough post mining boom environment that drove profit down by almost $250 million in the last year.

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