Exxon to Slash 14,000 Jobs Worldwide as Oil Demand Drops

EcoWatch
By Climate NexusOct 30, 2020, 9:12 am275 pts
Exxon Mobil will lay off an estimated 14,000 workers, about 15% of its global workforce, including 1,900 workers in the U.S., the company announced Thursday. Analysts said the layoffs are part of an effort by the beleaguered company to maintain its stock dividend despite sharply reduced demand during the…

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