Exxon is slashing workers and cutting costs, and employee mo

Exxon is slashing workers and cutting costs, and employee morale has collapsed. Here's everything we know.
bjones@businessinsider.com (Benji Jones)
© Mark Schiefelbein/Getty; Skye Gould/Business Insider
Exxon CEO Darren Woods Mark Schiefelbein/Getty; Skye Gould/Business Insider
Exxon slashed spending and is shrinking its workforce after a punishing 2020.
Here's everything we know about the cuts, from layoffs to reduced employee benefits.  
Do you have information about Exxon? Reach out to this reporter by email or through Signal at 646-768-1657.
Exxon Mobil suffered a historic blow in 2020, as the pandemic dried up demand for its products at a time when the company's stock was already in decline. For the first time ever, Exxon reported four straight quarters of loss amounting to more than $22 billion for the full year. 

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