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Exxon to Slash Up to 15% of Global Workforce, Including 1,900 U.S. Jobs

Exxon to Slash Up to 15% of Global Workforce, Including 1,900 U.S. Jobs

Exxon Mobil Corp. said Thursday that it expects to shed as much as 15% of its global workforce over the next year, including 1,900 jobs in the U.S., a

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Exxon Mobil Corp. said Thursday that it expects to shed as much as 15% of its global workforce over the next year, including 1,900 jobs in the U.S., as the coronavirus pandemic continues to batter the oil industry.

The struggling oil giant announced the U.S. job cuts Thursday, and in response to questions added that it anticipates it will eliminate around 14,000 positions, including employees and contractors, through 2021. It said most of the cuts to U.S. employees would come from its management offices in Houston, and that…

This post first appeared on wsj.com

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