TELETRADER News
12/11/2020, 7:42 PM
(Source: TeleTrader)
Exxon Mobil-0.10%
Exxon to cut over 700 jobs in Texas
Exxon Mobil Corporation will cut over 700 jobs in the Houston area, the oil giant said in a notice sent to the Texas Workforce Commission.
According to the company, the layoffs will take place in February and will affect 723 workers.
The job cuts are a part of Exxon's earlier announced plans to lay off around 1,900 employees in the United States in an effort to improve efficiency and reduce costs.