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Major Oil Company’s Astonishing Layoff Figures Sound like ‘Recession’
247wallst.com/investing/2025/09/18/major-oil-companys-astonishing-layoff-figures-sound-like-recession
Key Points
Key Points
Oil industry mergers are driving significant workforce reductions: ConocoPhillips’ recent acquisition of Marathon led to plans to cut 20–25% of its workforce (~3,200 employees), reflecting a broader trend where mergers between closely related…
This story appeared on 247wallst.com, 2025-09-18 05:18:34.