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Business insider exxon singapore. Welcome to insider energy business insider s weekly energy newsletter. Meanwhile exxon mobil has lost 55 in value so far in 2020 as a significant slowdown in air travel and economic activity as a whole has put a dent in the demand for oil. As business insider first reported exxon is slashing its global workforce by 15 or 14 000 people.
Singapore is a downstream hub for exxon mobil. A leaked memo reveals exxon is weighing job cuts across its oil production business due to prolonged negative market impacts benji jones sep 2 2020 12 25 am. However business insider cites two unnamed former employees as saying the change to the review process which will likely lead to more performance based cuts is a way of terminating employees.
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Stories in exxonmobil include. Exxon is trimming its global workforce by 15 which includes steep cuts in the us and europe. Sign up to get it in your inbox every friday.
Tagged in clusterstock us election 2020 energy exxon m a oil gas politics power line. The complaint cited business insider s previous reporting and claimed exxon is using the performance review process to cut staff. Here chemical refineries.
Exxon one of singapore s largest foreign investors is considered a prestigious employer in the.