Exxon Mobil Corporation has announced that it would reduce its global workforce by 14,000 being the 15% of the workforce by the end of 2022. The announcement of this unprecedented culling by North America’s biggest oil explorer was made on Thursday, October 19, 2020 as the coronavirus pandemic hits energy demand, prices, and struggles to preserve dividends. . ExxonMobil said on Thursday that it will cut around 1,900 jobs in the United States in its latest attempt to cut costs and protect its balance sheet amid low oil prices and weak global…
Read MoreExxonMobil slates 14,000 Workers for Mass Sack
