Exxon to cut 2k jobs amid restructuring

TOP US OIL major Exxon Mobil said on Tuesday it will lay off 2,000 workers globally, particularly in Canada and across the European Union, as part of a long-term restructuring plan that will affect about 3% to 4% of the company’s workforce.

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About 1,200 positions will be cut in Norway and the EU by the end of 2027, Exxon said ina statement. Thereare no planned job cuts in the US,and the layoffs announced on Mondayat Canadian oil producer Imperial Oil, of which Exxon is a majority owner, account for about