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The Standard Group Plc is a
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Ola Energy, the fourth largest oil marketing company, said it has commenced a restructuring of its local unit in a move that would see some of its employees declared redundant.
The firm joins the growing list of companies that are opting to send employees home in a bid to stay afloat locally, with recent industry data showing firms across different sectors have shed off more than 5,000 jobs over the last three years.
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