ExxonMobil plans to cut 1,600 jobs in Europe

The giant American oil company Exxon Mobil plans to cut a number of jobs in several subsidiaries in Europe, about 1600 jobs. Bloomberg News quoted the American company as saying that the exact number of jobs that will be written off in each country will depend on the commercial performance of the branch in that country and the market conditions in it. The company added that the effects of the emerging corona virus pandemic on the demand for its products led to an increase in the imperative of moving to improve the efficiency of employment in the company, according to Al-Germania.

The Dutch-British energy giant Royal Dutch Shell announced last week its intention to cut up to 9,000 jobs after the emerging coronavirus pandemic helped push the company’s restructuring plans to become less dependent on carbon energy sources.

The British “BP” company announced last June its intention to write off up to 10 thousand jobs as part of its transformation into an energy company that is less polluting for the environment. Chevron intends to write off between 10 and 15 percent of its workforce globally.

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