US oil and gas giant ExxonMobil on Monday announced it would slash 1,600 jobs in Europe equaling more than 11 per cent of its workforce there as it struggle with the coronavirus downturn.
“The impact of Covid-19 on the demand for ExxonMobil’s products has increased the urgency of the ongoing efficiency work. It is anticipated that up to 1,600 positions would be impacted by the end of 2021 across the company’s affiliates in Europe,” the Texas-based company said in a statement.
(AFP)
