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ExxonMobil (NYSE: XOM) has announced that it will reduce staffing levels at its Singapore affiliate as part of its ongoing effort to improve and sustain long-term competitiveness.
ExxonMobil (NYSE: XOM) has announced that it will reduce staffing levels at its Singapore affiliate as part of its ongoing effort to improve and sustain long-term competitiveness.
The company outlined that it expects around 300 positions will be impacted by the end of 2021, which it said represents approximately seven percent of ExxonMobil’s more than 4,000 employees in Singapore.
In a statement posted on its website, ExxonMobil noted that unprecedented market conditions resulting from the Covid-19 pandemic accelerated ongoing reorganization and work-process changes that will improve the company’s long-term cost competitiveness and ability to manage through near-term challenges.
ExxonMobil announces Singapore workforce reductions
édité le 03/03/2021 - Plus de news de ExxonMobil - Voir la fiche entreprise de ExxonMobil
As part of its ongoing effort to improve and sustain long-term competitiveness, ExxonMobil announced today 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 percent of the companys more than 4,000 employees in Singapore.
Unprecedented market conditions resulting from the Covid-19 pandemic accelerated ongoing reorganization and work-process changes that will improve the companys long-term cost competitiveness and ability to manage through near-term challenges.
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 to cut 7% of Singapore workforce amid unprecedented market conditions reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.