exxon mobil layoffs 2020
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Prior to the pandemic, Chief Executive Darren Woods pursued an ambitious spending plan to boost oil output in the belief a growing global middle class would demand more of its products. The Texas-based oil and gas company said the cuts were necessary to cope with COVID-related losses. “Exxon Mobil Considers Layoffs, Spending Cuts To Save Its Dividend.” International Business Times, https://www.facebook.com/IBTimes, 30 July 2020, https://www.ibtimes.com/exxon-mobil-considers-layoffs-spending-cuts-save-its-dividend-3019739. This development will be another setback for the industry, after Shell announced 9,000 job cuts globally, which includes Nigeria, and the announcement by Chevron that it plans to reduce its staff strength in Nigeria by 25 per cent. Oct 05, 2020. Cummins will launch four new Technical Education for Communities (TEC) workforce development programs.

Reuters reported, that ExxonMobil was pursuing a spending increase prior to the pandemic in order to boost oil output and turn around decreasing profits. said on Thursday it could cut its global workforce by about 15%, including deep white-collar staff reductions in the United States, as the COVID-19 pandemic batters energy demand and prices. The drop in oil prices has forced ExxonMobil to evaluate cost-cutting measures which include job cuts.

Oil services group Schlumberger said when announcing results in July it would lay off more than 21,000 employees equivalent to a quarter of staff. The creation of CARE is the first step in Cummins’ effort to undo systemic discrimination; and since its creation in July, the company has developed strategies and initiated work in four identified areas: “Our core value of Diversity and Inclusion demands we recognize and value our differences,” Linebarger added. Dwindling Oil Demand: 14,000 ExxonMobil staff to lose jobs, Chevron Nigeria to reduce workforce by 25 percent, Niger Delta group cautions purported APC Ex-Agitators against blackmailing Buhari, PAP, Igbo believe in one Nigeria – Sen Okorocha, Nasarawa lawmaker dumps PDP for APC after recovering from illness, 20-foot container of suspected toxic waste abandoned in Lagos, Nsukka: Gov Ugwuanyi directs immediate rebuilding of mosques, 2021 budget: Reps to raise Air Force budget, hail CAS over fight against insecurity, COVID-19: 65 percent Nigerian returnees evading tests – FG, Senate drills Lai Mohammed over N23m spent on travels in 3 months, PDP urges Buhari to present 2014 National Conference Report to NASS, Why numerous road projects were abandoned — FG tells Senate, Delta Govt approves development of Lander Brothers Anchorage, Paulline Tallen to grace celebration of Maritime Magt Series, TAAT hosts conference on technology-driven agric revolution, FCT: Shi’ites protest, burn French flag over alleged attack on Prophet Muhammed, FG wants special fund for aviation sector, #EndSARS: CSOs appeal to youths to drop plans for second protest, Oyo HoA suspends 13 local government chairmen, Nigerian lady trafficked to Oman begs FG for rescue, Court reinstates Adagunodo as Osun PDP Chairman, Twitter, Facebook outline action on posts claiming early US election victory, US Election 2020: ‘Strange’ events in Trump’s America, Trump wraps up campaign with late-night Michigan rally, It’s here: What to watch on Election Day in America, LEKKI GARDENS UPGRADES, BEAUTIFY ESTATES TO DELIGHT CLIENTS, Godfrey Okoye University Develops Its Own Customised Virtual Classroom, GTBank Fashion Weekend Returns for the 5th Year, Holds Nov. 14 – 15 …Call for Exhibitors Now Open, Protecting Live – Tangerine Life launches new documentary, Road crashes: FRSC boss calls for relocation of markets from highways, Toyota to launch new entry vehicle at friendly price, How Ekpa’s wealth of experience transformed Transport Ministry, PTONA wants its share of FG’s N10bn COVID-19 palliative for transporters, Oyigbo crisis, a threat to S-East/S-South tie - Nwodo, FCT: Shi'ites protest, burn French flag over alleged attack on Prophet Muhammed, Northern Governors vow to keep Nigeria one, Why Jonathan’s 2014 Confab report was dumped ― Akume, #EndSars: Calabar hoodlums begin dumping of looted items in waste bins, Two die in stampede over COVID-19 palliatives in Abuja, Breaking: We’ve identified barracks where soldiers who shot protesters came from – Falana (Video), Be at alert, deal decisively with any attack, Buratai charges soldiers, War as hoodlums exchange gunfire with security officers for 1hr in Kogi, Nigerians react to Fashola’s tollgate camera discovery, Revealed: Why I don’t want to speak on Lekki Tollgate incident – Buhari, Lekki: No stake in LCC, says Tinubu, calls for shutdown of toll gate, #EndSARS: Fashola discovers mystery camera at Lekki Toll Gate, Stock market records new high as investors gain N299bn in one day, Our difficulties in Apapa traffic, port road reconstruction —Task Force, Equities halt losing trend, as 11Plc plans delisting, Apple iPhone sales tumble, trimming profit, Facebook quarterly profit jumps despite ad boycott, APWEN stresses need for capacity building on STEM among girls, MTN Nigeria records sharp rise in subscriber numbers, Sony seeing considerable demand for playstation 5, as launch nears, 9mobile celebrates MobiHealth’s Adewara on World Bank award, Press freedom is less important to the journalist, SARS, Herdsmen: Economic terrorists with impunity, Restructuring: Nigeria’s tower of Babel – 1, The anatomy of EndSars protests as an incomplete revolution (1).


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