Exxon Mobil Confirms Staff Layoff As Oil Prices Crash Impacts Operations

Exxon Mobil Confirms Staff Layoff As Oil Prices Crash Impacts Operations



By CHIKA IZUORA, Lagos Exxon Mobil Corp, has confirmed plans to lay off an unspecified number of employees as low oil prices force the company to delay major projects, its chief executive officer, Darren Woods said in an email to staff. Woods also mounted an extensive defense of fossil fuels, calling them a “higher purpose” […]



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