Exxon Mobil Corp., the largest U.S. oil producer, has announced plans to cut almost 2,000 jobs around the globe as it consolidates smaller offices into regional hubs as part of its restructuring plans.
The oil giant’s CEO, Darren Woods, distributed the company’s plans in a memo to employees on Sept. 30, Exxon confirmed to The Epoch Times.
Imperial Oil Ltd., which is about 70 percent owned by Exxon, announced a cutback of 20 percent of its workforce on Sept. 29. The company said it expects to incur a one-time restructuring charge of CA$330 million ($237 million) pre-tax in the third quarter.
Exxon told The Epoch Times in a statement that job cuts related to Imperial in Canada were already reflected in the global numbers reported on Sept. 30….