Exxon cuts 1,600 jobs across Europe as lower oil prices pressure margins

Exxon cuts 1,600 jobs across Europe as lower oil prices pressure margins

Abu Dhabi, UAETuesday 6 October 2020







































Oct 6, 2020



October 6, 2020



















The company said country-specific cuts will depend on its local business footprint





























Oil majors are axing jobs, lowering spending and curbing dividends in order to save cash. Matthew Brown / AP Photo





















Oct 6, 2020



October 6, 2020













US oil giant Exxon Mobil said on Monday it plans to reduce its European workforce by up to 1,600