{"id":371469,"date":"2020-09-03T09:28:01","date_gmt":"2020-09-03T03:58:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=371469"},"modified":"2020-09-03T10:04:59","modified_gmt":"2020-09-03T04:34:59","slug":"exxon-mobil-weighs-global-job-cuts-after-unveiling-australian-layoff-plan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/exxon-mobil-weighs-global-job-cuts-after-unveiling-australian-layoff-plan\/","title":{"rendered":"Exxon Mobil weighs global job cuts after unveiling Australian layoff plan"},"content":{"rendered":"<p>Exxon Mobil Corp is assessing possible job cuts across its worldwide operations, a spokesman said on Wednesday, after the company announced a voluntary job reduction programme in Australia.<\/p>\n<p>Exxon is the latest oil major to embark on axing jobs spurred by a historic collapse in fuel demand because of the coronavirus pandemic. <\/p>\n<p>The company has slashed capital spending this year by 30% to around $23 billion and said in August it planned both capital and operating expense cuts to defend its dividend after reporting losses in the first and second quarters. <\/p>\n<p>&#8220;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,&#8221; Casey Norton said in emailed comments to Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exxon Mobil Corp is assessing possible job cuts across its worldwide operations, a spokesman said on Wednesday, after the company announced a voluntary job reduction programme in Australia. Exxon is the latest oil major to embark on axing jobs spurred by a historic collapse in fuel demand because of the coronavirus pandemic. The company has slashed capital spending this year by 30% to around $23 billion and said in August it planned both capital and operating expense cuts to defend its dividend after reporting losses in the first and second quarters. &#8220;We have evaluations underway on a country-by-country basis to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-371469","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/371469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=371469"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/371469\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=371469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=371469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=371469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}