Exxon expects $200 million in fees this 12 months for job cuts By Reuters
© Reuters. FILE PHOTO: A emblem of the Exxon Mobil Corp is seen on the Rio Oil and Fuel Expo and Convention in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes
(Reuters) – Exxon Mobil Corp (NYSE:) on Wednesday mentioned it estimates $200 million in fees this 12 months associated to job cuts, in line with a regulatory submitting.
Whole money outflows can be between $400 million and $600 million, the corporate mentioned. Value financial savings are prone to vary between $1 billion and $2 billion per 12 months versus 2019 ranges. The severance price estimate doesn’t embody job cuts associated to adjustments within the firm’s portfolio, it mentioned.
Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or harm because of reliance on the data together with knowledge, quotes, charts and purchase/promote alerts contained inside this web site. Please be absolutely knowledgeable relating to the dangers and prices related to buying and selling the monetary markets, it is without doubt one of the riskiest funding varieties doable.
Under-fire Unilever culls 1,500 management jobs as reshapes By Reuters
© Reuters. FILE PHOTO: Unilever logo is displayed in this illustration taken on January 17, 2022. REUTERS/Dado Ruvic/Illustration By Richa…
Tencent fires 70 people and blacklists 13 firms in anti-fraud campaign
A logo of Tencent is seen during the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020….