Oil giant ExxonMobil to cut 1,900 jobs
Oil giant ExxonMobil said Thursday that the company would cut 1,900 jobs, mostly at its Houston offices.
In a news release, the company said it anticipated about 1,900 workers will be affected by the workforce reduction through "voluntary and involuntary programs."
"The company recognizes these decisions will impact employees and their families and has put these programs in place only after comprehensive evaluation and thoughtful deliberation," said the release.
Earlier this month, the company announced reductions of 1,600 jobs across its European affiliates. As of 2019, the Texas-based company employed about 74,900 workers.
2026-08-03
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
ExxonMobil finds two oil and gas sites off the coast of Guyana
-
Large oil companies sold 198 billion U.S. dollars in assets in 5 years
-
Mitsubishi Gas Chemical Suspends Construction of MXDA Plant in the Netherlands
-
Symrise Opens New Production Unit in Granada to Ensure Safer Supply of Bio-Based Pentylene Glycol
-
BASF and Nihon Nohyaku Partner for Fruit Crop Protection in Japan
-
NHU and Sinopec Advance Liquid Methionine Project
-
AkzoNobel Invests €50 Million to Expand Aerospace Coatings Operations in the United States
-
Avery Dennison to Acquire Meridian’s Flooring Adhesives Business for $390 Million
-
Nylon Giant to Close Another European Plant, Cutting 140 Jobs
-
AstraZeneca Targets Year-End Filing for Novel Hypertension Drug Baxdrostat
Recommend Reading
-
Sinopec and LG Chem Sign Agreement to Jointly Develop Sodium-Ion Battery Materials
-
Lanxess Closes Plants as Q2 Profit Slumps, Lowers Outlook
-
Asahi Kasei to Double Production of Semiconductor Coating Material
-
Covestro Acquires HDI Sites in US and Thailand to Expand Footprint
-
Reducing to Refocus: Novo Nordisk’s 9,000-Job Cut and the Strategic Realignment in Pharma
-
Acetic acid market trends are weak and consolidating
-
Double Positive Factors for Costs and Supply—PTA Prices Show Volatile but Strong Tendencies
-
Ethyl Acetate Prices Slightly Rise Within a Narrow Range
-
Consumer Spending Below Expectations, PP Fluctuates Weakly in Mid-September in China
-
Cost-side Support Boosts Polyester Staple Fiber Prices, Stopping the Decline and Rebounding
- Hot Searches
- tricalcium phosphate
- uv absorbing chemicals for cosmetics market
- reta peptide buy
- raw testosterone powder
- buy pharmaceutical grade steroids
- where can i get retatrutide peptide
- pfa powder
- sodium propionate
- buy anadrol
- grey market retatrutide price
- betaine+skincare+supplier
- glycerin pricing