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Tag: cut workforce
Exxon Mobil to Cut US Workforce By Up to 10% Annually
2021-06-22 11:05:00| OGI
Exxon Mobil had around 72,000 regular employees as of end-2020. It last year disclosed plans to reduce its global workforce by 14,000 by the end of 2021.
Exxon Mobil to Cut Singapore Workforce amid Unprecedented Market Conditions
2021-03-03 11:50:00| OGI
Exxon Mobils announcement also follows European major Shells decision in November to cut 500 staff and halve its crude processing capacity in Singapore
Tags: conditions
market
cut
mobil
Boeing to cut 20% of workforce by end of 2021
2020-10-28 14:44:07| BBC News | Business | UK Edition
The planemaker is extending previously announced cuts as it faces slumping demand in the pandemic.
Telia to cut workforce by 10% in Norway after acquisitions, market pressure
2019-05-21 13:45:00| Telecompaper Headlines
(Telecompaper) Telia Norway has announced that it is cutting about 10 percent of its workforce following the merger with TDC Norway and Get, but also because of more general industry pressures. Telia said it will scrap about 240 positions, including both employees and consultants. Many of the reductions will involve not filling vacancies.
Tags: market
cut
pressure
norway
Twitter confirms 9% cut in workforce, targets profit in 2017
2016-10-27 16:02:00| Telecompaper Headlines
(Telecompaper) Twitter has confirmed plans to cut 9 percent of its workforce as the company works towards a goal of profitability in 2017. In the third quarter of 2016, Twitter posted a net loss of USD 103 million, on sales up 8 percent year-on-year to USD 616 million. The company said the restructuring, which focuses primarily on reorganizing the company's sales, partnerships, and marketing efforts, is intended "to create greater focus and efficiency to enable Twitter's goal of driving toward GAAP profitability in 2017".