Apache Corporation Doubles Estimate of Annual Cost Savings From Recent Organizational Redesign
“We have made substantial progress on our organizational redesign initiative, which began in the fall of 2019. This is enabling more flexible resource allocation and increased collaboration while delivering cost savings that are critical in the current environment,” said
Apache announced an organizational redesign effort in October of 2019 to streamline the business and improve operational efficiencies. The new organization goes into effect today,
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Source: Apache Corporation