Gazprom's London trading unit lays off 20 pct of workforce - WSJ

The London-based trading unit of Russia's Gazprom Pao has laid off about 20 percent of its workforce, including at least six directors, the Wall Street Journal reported on Friday. The job cuts by Gazprom Marketing & Trading include 170 people in London and followed a cost savings review by consultancy Oliver Wyman, the WSJ said, citing two people familiar with the matter. Gazprom, which had about 462,400 employees as of Dec. 31, and other oil and gas companies have been hit by a 60 percent s