Exxon to Slash Up to 15% of Global Workforce, Including 1,900 U.S. Jobs

Exxon Mobil Corp. said it expects to shed as much as 15% of its global workforce over the next year, including 1,900 jobs in the U.S., as the coronavirus pandemic continues to batter the oil industry.
The steep job cuts, which follow similar layoff announcements by rivals Royal Dutch Shell PLC, BP PLC and Chevron Corp., are part of a wholesale effort by the beleaguered industry to restructure itself to weather the worst downturn in a generation. In all, big oil producers and services firms are collectively shedding more than…
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