- Exxon Mobil Corp is ‘very close’ to completing its workforce appraisals in the United States and Canada and expects to unveil job cuts.
- The second-largest US oil company by market value lost nearly $1.7 billion in the first six months and analysts forecast a third-quarter $1.17 billion loss, according to IBES data.
- The job cuts are part of a plan unveiled this spring to redesign how Exxon works and to increase competitiveness.
- Exxon has exceeded a target of reducing operating expenses by $1...
https://mfame.guru/2nd-largest-us-oil-company-to-unveil-job-cuts/