Exxon Mobil Corp said on Wednesday its global workforce fell by 9,000 people last year as part of a deep cost cutting program after the COVID-19 pandemic battered energy demand and prices.
to cut 14,000 jobs, including contractors, or about 15% of its workforce. Exxon had about 88,300 workers, including some 13,300 contractors, at the end of 2019.
Exxon in 2020 conducted "an extensive global review of staffing levels" to improve efficiency and reduce costs by the end of 2021, it said in its . The review included "both voluntary and involuntary employee separations and reductions in contractors."of its global operations that will combine its refining and chemicals businesses into one. It also vowed to cut $6 billion from operating costs by next year.Reporting by Sabrina Valle; editing by Richard PullinSign up to our investor newsletter to get the latest news and trends in global financial markets.