Saudi Aramco , the world’s biggest oil exporter, has begun cutting hundreds of jobs as it looks to reduce costs after a slump in energy prices, according to people familiar with the matter. Aramco is letting go of mostly foreign staff across several divisions, with affected employees being informed earlier this week, the people said, asking not to be identified as the information is private. The company employs almost 80,000 people and goes through a round of cuts annually. This year’s is bigger than normal, according to several of the people. “Aramco is adapting to the highly complex and rapidly changing business environment,” the firm said in a statement. “We are not providing information regarding the details of any action at this time, […]