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.