Exxon weighs global job cuts after unveiling Australian lay-off plan

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Exxon Mobil is assessing possible worldwide job cuts, a spokesman said, after the company announced a voluntary lay-off program in Australia

) is assessing possible worldwide job cuts, a spokesman said on Wednesday, after the company announced a voluntary lay-off programme in Australia.

“We have evaluations underway on a country-by-country basis to assess possible additional efficiencies to right-size our business and make it stronger for the future,” spokesman Casey Norton, based at the company headquarters in Irving, Texas, said in emailed comments to Reuters. “This program will ensure the company manages through these unprecedented market conditions,” it said in a statement.

 

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seen this before industry cuts back production goes down eventually price goes up

The Covid induced destruction continues. 2021 will be a unchartered world

And the consequences? Up growing oil prices?

Exxon workers to get the aXe.

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