ExxonMobil to lay off 1,900 US employees; mostly at Houston offices
Houston: Global oil giant ExxonMobil has said it intends to reduce its US workforce by around 1,900 employees, with international staff reductions potentially rising to as much as 15 per cent over the next year, as the COVID-19 pandemic batters energy demand and prices.
Earlier this month, the company announced reductions of 1,600 positions across its European affiliates.
As of 2019, the Irving-based company has employed about 74,900 workers.
The layoffs of 1,900 employees in the US will occur through a “voluntary and involuntary programmes”, the company said in a press release on Thursday.
Exxon said the job cuts, part of a global reorganisation, will come mainly from its Houston, Texas office. The company cites the pandemic’s impact on its businesses as the reason behind its move to “improve efficiency and reduce costs”.
