Aug 18 (Reuters) - John Wood Group Plc said it hadreduced its headcount by 13 percent since December and saved $40million in overhead costs in the first half.
The oilfield services company, which reported a 7.4 percentfall in first-half core profit to $225.9 million, said itsoutlook for the year remained unchanged.
The company, which has been fighting to cut costs andpreserve margins amid low oil prices, said it expected to savemore than $80 million in overhead costs this year. (Reporting by Abhiram Nandakumar in Bengaluru; Editing byAnupama Dwivedi)