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2021-06-22
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Exxon Mobil plans to cut office workforce by up to 10% a year: report
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","listText":"Great ","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129088159","repostId":"2145697034","repostType":4,"repost":{"id":"2145697034","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624343760,"share":"https://www.laohu8.com/m/news/2145697034?lang=&edition=full","pubTime":"2021-06-22 14:36","market":"hk","language":"en","title":"Exxon Mobil plans to cut office workforce by up to 10% a year: report","url":"https://stock-news.laohu8.com/highlight/detail?id=2145697034","media":"Dow Jones","summary":"Exxon Mobil Corp. reportedly plans to reduce its U.S. office workforce by up to 10% a year for the n","content":"<p>Exxon Mobil Corp. reportedly plans to reduce its U.S. office workforce by up to 10% a year for the next three to five years.</p>\n<p>Bloomberg News on Monday reported that the oil giant will trim between 5% and 10% of its lowest-performing white-collar workers in the coming years, with job reductions based on performance evaluations.</p>\n<p>An Exxon Mobil spokesperson told Bloomberg that the culling is part of an annual process that will not be characterized as layoffs, and is \"unrelated to workforce reduction plans.\" Last year, the company announced it planned to eliminate as many as 14,000 jobs worldwide as part of cost-cutting measures, as closures related to the COVID-19 pandemic pressured global oil prices.</p>\n<p>As of the end of 2020, Exxon employed about 72,000 workers worldwide, with nearly 30,000 of those based in the U.S.</p>\n<p>Exxon instituted a number of other cost-cutting moves, such as suspending bonuses and halting matching 401(k) contributions, as it reported a $20 billion net 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reduce its U.S. office workforce by up to 10% a year for the next three to five years.</p>\n<p>Bloomberg News on Monday reported that the oil giant will trim between 5% and 10% of its lowest-performing white-collar workers in the coming years, with job reductions based on performance evaluations.</p>\n<p>An Exxon Mobil spokesperson told Bloomberg that the culling is part of an annual process that will not be characterized as layoffs, and is \"unrelated to workforce reduction plans.\" Last year, the company announced it planned to eliminate as many as 14,000 jobs worldwide as part of cost-cutting measures, as closures related to the COVID-19 pandemic pressured global oil prices.</p>\n<p>As of the end of 2020, Exxon employed about 72,000 workers worldwide, with nearly 30,000 of those based in the U.S.</p>\n<p>Exxon instituted a number of other cost-cutting moves, such as suspending bonuses and halting matching 401(k) contributions, as it reported a $20 billion net loss last year .</p>\n<p>Oil futures have rallied this year, with prices rising Monday to their highest levels since October 2018 are up 52% year to date, and up 35% over the past 12 months.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145697034","content_text":"Exxon Mobil Corp. reportedly plans to reduce its U.S. office workforce by up to 10% a year for the next three to five years.\nBloomberg News on Monday reported that the oil giant will trim between 5% and 10% of its lowest-performing white-collar workers in the coming years, with job reductions based on performance evaluations.\nAn Exxon Mobil spokesperson told Bloomberg that the culling is part of an annual process that will not be characterized as layoffs, and is \"unrelated to workforce reduction plans.\" Last year, the company announced it planned to eliminate as many as 14,000 jobs worldwide as part of cost-cutting measures, as closures related to the COVID-19 pandemic pressured global oil prices.\nAs of the end of 2020, Exxon employed about 72,000 workers worldwide, with nearly 30,000 of those based in the U.S.\nExxon instituted a number of other cost-cutting moves, such as suspending bonuses and halting matching 401(k) contributions, as it reported a $20 billion net loss last year .\nOil futures have rallied this year, with prices rising Monday to their highest levels since October 2018 are up 52% year to date, and up 35% over the past 12 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Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624343760,"share":"https://www.laohu8.com/m/news/2145697034?lang=&edition=full","pubTime":"2021-06-22 14:36","market":"hk","language":"en","title":"Exxon Mobil plans to cut office workforce by up to 10% a year: report","url":"https://stock-news.laohu8.com/highlight/detail?id=2145697034","media":"Dow Jones","summary":"Exxon Mobil Corp. reportedly plans to reduce its U.S. office workforce by up to 10% a year for the n","content":"<p>Exxon Mobil Corp. reportedly plans to reduce its U.S. office workforce by up to 10% a year for the next three to five years.</p>\n<p>Bloomberg News on Monday reported that the oil giant will trim between 5% and 10% of its lowest-performing white-collar workers in the coming years, with job reductions based on performance evaluations.</p>\n<p>An Exxon Mobil spokesperson told Bloomberg that the culling is part of an annual process that will not be characterized as layoffs, and is \"unrelated to workforce reduction plans.\" Last year, the company announced it planned to eliminate as many as 14,000 jobs worldwide as part of cost-cutting measures, as closures related to the COVID-19 pandemic pressured global oil prices.</p>\n<p>As of the end of 2020, Exxon employed about 72,000 workers worldwide, with nearly 30,000 of those based in the U.S.</p>\n<p>Exxon instituted a number of other cost-cutting moves, such as suspending bonuses and halting matching 401(k) contributions, as it reported a $20 billion net loss last year .</p>\n<p>Oil futures have rallied this year, with prices rising Monday to their highest levels since October 2018 are up 52% year to date, and up 35% over the past 12 months.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExxon Mobil plans to cut office workforce by up to 10% a year: report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-22 14:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Exxon Mobil Corp. reportedly plans to reduce its U.S. office workforce by up to 10% a year for the next three to five years.</p>\n<p>Bloomberg News on Monday reported that the oil giant will trim between 5% and 10% of its lowest-performing white-collar workers in the coming years, with job reductions based on performance evaluations.</p>\n<p>An Exxon Mobil spokesperson told Bloomberg that the culling is part of an annual process that will not be characterized as layoffs, and is \"unrelated to workforce reduction plans.\" Last year, the company announced it planned to eliminate as many as 14,000 jobs worldwide as part of cost-cutting measures, as closures related to the COVID-19 pandemic pressured global oil prices.</p>\n<p>As of the end of 2020, Exxon employed about 72,000 workers worldwide, with nearly 30,000 of those based in the U.S.</p>\n<p>Exxon instituted a number of other cost-cutting moves, such as suspending bonuses and halting matching 401(k) contributions, as it reported a $20 billion net loss last year .</p>\n<p>Oil futures have rallied this year, with prices rising Monday to their highest levels since October 2018 are up 52% year to date, and up 35% over the past 12 months.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XOM":"埃克森美孚"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145697034","content_text":"Exxon Mobil Corp. reportedly plans to reduce its U.S. office workforce by up to 10% a year for the next three to five years.\nBloomberg News on Monday reported that the oil giant will trim between 5% and 10% of its lowest-performing white-collar workers in the coming years, with job reductions based on performance evaluations.\nAn Exxon Mobil spokesperson told Bloomberg that the culling is part of an annual process that will not be characterized as layoffs, and is \"unrelated to workforce reduction plans.\" Last year, the company announced it planned to eliminate as many as 14,000 jobs worldwide as part of cost-cutting measures, as closures related to the COVID-19 pandemic pressured global oil prices.\nAs of the end of 2020, Exxon employed about 72,000 workers worldwide, with nearly 30,000 of those based in the U.S.\nExxon instituted a number of other cost-cutting moves, such as suspending bonuses and halting matching 401(k) contributions, as it reported a $20 billion net loss last year .\nOil futures have rallied this year, with prices rising Monday to their highest levels since October 2018 are up 52% year to date, and up 35% over the past 12 months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
