Exxon Mobil to cut 2,000 jobs in global workforce restructuring move
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Exxon Mobil Giant of Oil is preparing to reduce thousands of jobs around the world to reshape companies.
Exxon spokesman for Baron confirmed on Tuesday that the company plans to reduce 2000 jobs, representing 3 % to 4 % of the global power company of the power company.
The news was first reported by Bloomberg, who said Exxon sent a memorandum to the employees, pointing to the unification of the company the smaller offices in regional centers as part of the long -term restructuring plan.
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“Our global offices network has been created decades ago under very different circumstances,” Exxon said in a statement to Baron. “To support cooperation is very important for our success, we are compatible with a global imprint with our operating model and collecting our teams together.”
Exxon fuel station in Albani, California, May 1, 2025. (David Paul Morris / Bloomberg via Getti Imachurs / Getty Pictures)
Exxon did not immediately respond to the Fox News Digital request to comment or clarify the situations that can be cut and when.
In recent years, Exxon Chairman and CEO Darren Woods have warned against demobilization as part of an ongoing plan announced “to redesign work operations and improve the competitiveness of cost.”
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Woods said in 2020: “We are making difficult decisions, some of which will leave friends and colleagues of the company. Our basic values will never be more important. We will keep our focus on doing what is right. We will continue to care for the welfare of our societies and our people and provide the appropriate support to our founder who leave our institution.”
In an exclusive interview with Fox News’ Bret Baier in June, Woods argued that global demand for natural oil and gas will continue to grow or at least remain strong until 2050, unlike accounts that indicate that the use of fossil fuels may decrease steadily.
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Exxonmobil Janet Matsushita Fox News informs that the largest oil expansion in 10 years has been working safely and trusted at full capacity.
Exxon joins other oil industry leaders who are looking to reduce costs. Totalergies announced on Monday that it hopes to save $ 7.5 billion by 2030; Imperial Oil said it would reduce its operating power by 20 % by December 2027; Chevron 15 % to 20 % of the employees in February, as well as Barons said.
After job discounts, Exxon shares decreased by 1.46 %, traded at $ 112.55 from Tuesday noon.
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Lucas Manfredi Fox Business contributed to this report.
2025-09-30 17:30:00
