Exxon says Imperial Oil layoffs account for about half of its job cuts announced Tuesday-February 2024-www.financetom.com

Exxon says Imperial Oil layoffs account for about half of its job cuts announced Tuesday

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Exxon says Imperial Oil layoffs account for about half of its job cuts announced Tuesday

Sep 30, 2025 7:33 AM

HOUSTON, Sept 30 (Reuters) - An Exxon Mobil

spokesperson said on Tuesday that layoffs at Canadian oil

producer Imperial Oil ( IMO ), of which Exxon is a majority owner,

account for about half of the 2,000 job cuts the U.S. oil major

confirmed earlier in the day.

(Reporting by Sheila Dang in Houston)

Previous page： Large deal pipeline robust; aiming leadership in select sectors: Coforge Next page： L&T Finance Holdings Q2 net jumps 52% to Rs 265 cr

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Large deal pipeline robust; aiming leadership in select sectors: Coforge

Oct 23, 2020

“We intend to continue to be specialists as we have presence in a very limited set of verticals,” the company’s Chief Executive Officer Sudhir Singh told CNBC-TV18.

L&T Finance Holdings Q2 net jumps 52% to Rs 265 cr

Oct 23, 2020

LTFH said it witnessed an excellent revival in the rural and renewable sector and it gained market share to become the number one farm equipment financier during the quarter.

Nestle Q2 earnings: Here’s what to expect

Oct 22, 2020

Nestle will be reporting its Q2 earnings today. The Nestle Global Sales indicated that the India business grew in mid-single digits on account of decent momentum seen in Maggi, Nescafe, and KitKat.

Mphasis Q2 net up 9.4% to Rs 299 cr

Oct 23, 2020

The company said it has registered USD 360 million worth of total contract value (TCV) wins in direct international business, of which 73 percent was in new-generation services.