ExxonMobil to axe 2,000 jobs worldwide
ExxonMobil has revealed plans to eliminate roughly 2,000 roles worldwide, especially in Canada and across the EU. The decision is part of a move to consolidate smaller offices into regional hubs. Other large oil operators including Chevron, ConocoPhillips and bp have also announced substantial job cuts in recent months amid a downturn in crude prices and higher supplies from OPEC and allied producers, reported Bloomberg. The reductions, equivalent to around 3–4% of Exxon’s global workforce, form part of ...