Exxon Is Axing 2,000 Jobs. Why the Oil Giant Made the Move Now.

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Exxon Is Axing 2,000 Jobs. Why the Oil Giant Made the Move Now.
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Exxon Mobil is planning to slash about 2,000 jobs, a spokesperson for the oil major confirmed to Barron’s Tuesday. The job cuts represent 3% to 4% of the energy company’s global workforce. “Our global office network was established decades ago under very different circumstances,” Exxon said in a statement.

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