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XOM Exxon Mobil Corp

116.93
0.93 (0.80%)
After Hours
Last Updated: 00:05:14
Delayed by 15 minutes
Share Name Share Symbol Market Type
Exxon Mobil Corp NYSE:XOM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.93 0.80% 116.93 118.34 116.40 116.51 31,450,909 00:05:14

ExxonMobil Australia Starts Voluntary Redundancy Program

02/09/2020 6:28am

Dow Jones News


Exxon Mobil (NYSE:XOM)
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   By Stuart Condie 
 

SYDNEY--ExxonMobil Corp.'s Australian operation has commenced a voluntary redundancy program for local employees following a review of current and future projects.

ExxonMobil Australia on Wednesday said it has asked employees across its local operations to lodge expressions of interest by the end of September.

"This program will ensure the company manages through these unprecedented market conditions," it said in a statement.

ExxonMobil Australia wouldn't comment when contacted on the number of redundancies it is targeting or whether the move is part of a global initiative.

ExxonMobil Corp. didn't immediately respond to a request for comment.

 

Write to Stuart Condie at stuart.condie@wsj.com

 

(END) Dow Jones Newswires

September 02, 2020 01:13 ET (05:13 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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