ExxonMobil announces Singapore workforce reductions
SINGAPORE, March 3, 2021 As part of its ongoing effort to improve and sustain long-term competitiveness, ExxonMobil has announced that it will reduce staffing levels at its Singapore affiliate. It is anticipated that about 300 positions will be impacted by the end of 2021, representing approximately 7% of the company’s more than 4,000 employees in Singapore. Unprecedented market conditions resulting from the Covid-19 pandemic accelerated ongoing reorganisation and work-process changes that will improve the company’s long-term cost competitiveness and ability to manage through near-term challenges. “This is a difficult but necessary step to improve our company’s competitiveness and strengthen the foundation of our business for future success,” said Geraldine Chin, Chairman and Managing Director, ExxonMobil Asia Pacific Pte Ltd. “We are providing transitional support to our colleagues who are impa
Exxon Mobil : to Cut 7% of Workforce in Singapore by End-2021
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Exxon to cut 7% of Singapore workforce amid unprecedented market conditions
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Exxon to cut 7% of Singapore workforce amid unprecedented market conditions
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