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Exxon Mobil to cut 2,000 jobs amid restructuring, Bloomberg News reports
['Pittsburgh News', 'Sports']
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The reductions represent about 3% to 4% of the company’s global workforce and are part of an ongoing efficiency drive, the report said, citing a memo from CEO Darren Woods to employees.
In November last year, the company revealed in a filing that it would cut nearly 400 jobs in Texas.
… We are aligning our global footprint with our operating model and bringing our teams together,” Exxon Mobil said in an emailed statement Tuesday.
On Monday, Canadian shale producer Imperial Oil, in which Exxon is a major shareholder, announced plans to cut 20% of its workforce and shutter business in Calgary.
Chevron plans to lay off 15% to 20% of its global workforce, while BP has said it would cut more than 5% of its jobs and ConocoPhillips has announced it would cut 20% to 25% of its jobs.