(Source:Malay Mail)
Petronas jobs at risk following the recent announcement of 5,000 job cuts has created uncertainty for thousands of employees, especially women in the oil and gas sector. Learn what essential steps you need to take now to secure your financial future, build resilience, and stay empowered during these challenging times.
As one of Malaysia’s largest and most trusted employers, Petronas has long symbolised stability.
Many workers, especially women in the oil and gas industry, viewed it as a place they could grow, contribute, and eventually retire from.
But the landscape has changed — and with it, the illusion of job security.
While Petronas says this isn’t a retrenchment, the reality is clear: thousands of people will be affected, and many of them are women who’ve built their lives around this industry.
Understanding the Impact of Petronas Jobs at Risk
For many, the Petronas announcement triggered a harsh but important question:
“What happens to my family, my bills, my future… if I lose my job?”
This is where financial literacy becomes not just useful — but essential.
While job loss affects everyone, the financial fallout can be more severe for women, especially those who:
- Work part-time or on contract
- Took career breaks to care for family
- Are the sole or primary breadwinners
- Lack EPF contributions, savings, or insurance coverage
- Have little financial support or backup
In such situations, financial vulnerability becomes a silent burden — one that doesn’t just affect a woman, but her household, her children, and her long-term future.
How to Prepare Financially When Petronas Jobs Are at Risk
Let’s be clear: financial literacy doesn’t mean becoming a finance expert.
It simply means learning how to manage, protect, and grow your money — so that you’re not dependent on one source of income or vulnerable when a crisis hits.
This includes learning how to:
✅ Create a second stream of income
✅ Build an emergency fund
✅ Understand your EPF, SOCSO and insurance
✅ Start saving and investing with confidence
✅ Plan for both the expected and unexpected
And most importantly — it gives you options.
Options to say no. Options to pivot. Options to rest. Options to rise again.
Empowering Women in the Face of Change
Women in oil and gas have shown remarkable resilience.
They have built careers in demanding roles and often juggle responsibilities both at work and at home. But financial empowerment is just as important as professional success.
Women who understand how money works can recover more quickly from job loss.
They are more likely to pivot into new opportunities, explore entrepreneurship or make smarter career transitions.
Financial knowledge is a tool that enables you to maintain your independence and protect your peace of mind.
The Time to Learn is Now
The Petronas job cuts serve as a clear reminder.
In today’s economy, relying on a single income source is no longer enough.
If you have ever told yourself that you will deal with money matters later, now is the time to take action.
Start by learning the basics. Find a trusted resource. Build your knowledge step by step.
Financial literacy is not just about survival. It is about building a future where you feel in control, secure and confident, regardless of what the economy throws your way.
Start Here: Our Complimentary Webinar Just for You
“Why Financial Literacy Matters for Women”
This free online session is designed to help you understand the real value of financial literacy — not just in theory, but in your everyday life.
Whether you’re in oil and gas, working full-time, freelancing, or managing a household, this webinar will show you:
✅ The financial challenges faced by women like you
✅ How to achieve financial freedom?
✅ Financial Products vs Financial Literacy: Why both Matter?
You don’t need a background in finance. You don’t need to be “good with numbers.” You just need a willingness to take charge of your next chapter.
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