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Exxon Mobil To Slash 2,000 Jobs In Efficiency Push: Report

Exxon Exxon Mobil Corp XOM Oil

Southaven,,Ms - usa,-,October,24,2019:,Partial,Exxon,Gas,Station

U.S. oil giant Exxon Mobil Corp (NYSE:XOM) will reportedly cut 2,000 jobs, as it consolidates smaller offices into regional hubs.

The reductions represent about 3% to 4% of Texas-based Exxon's global workforce and are part of the company's ongoing efficiency drive, Bloomberg News reported on Tuesday, citing a memo sent to employees by CEO Darren Woods.

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