ExxonMobil Will Reduce U.S. Workforce

Nov. 3, 2020
The company anticipates approximately 1,900 employees will be affected through voluntary and involuntary programs.

As part of an extensive global review announced earlier this year, ExxonMobil plans to reduce staffing levels in the United States, primarily at its management offices in Houston, Texas. The company anticipates approximately 1,900 employees will be affected through voluntary and involuntary programs.

The workforce reductions are reportedly the result of ongoing reorganizations and work-process changes made over the past several years to improve efficiency and reduce costs. The company says these actions will improve its long-term cost competitiveness and ensure ExxonMobil manages through the current unprecedented market conditions. The impact of COVID-19 on the demand for ExxonMobil’s products has increased the urgency of the ongoing efficiency work, according to the company.

The company says it will provide employees who are separated through involuntary programs with support, including severance and outplacement services.

For more information, visit: www.exxonmobil.com

Sponsored Recommendations

Many facilities handle dangerous processes and products on a daily basis. Keeping everything under control demands well-trained people working with the best equipment.
Enhance the training experience and increase retention by training hands-on in Emerson's Interactive Plant Environment. Build skills here so you have them where and when it matters...
See how Rosemount™ 625IR Fixed Gas Detector helps keep workers safe with ultra-fast response times to detect hydrocarbon gases before they can create dangerous situations.
The Micro Motion 4700 Coriolis Transmitter offers a compact C1D1 (Zone 1) housing. Bluetooth and Smart Meter Verification are available.