Reported about 13 hours ago
Exxon Mobil Corporation (XOM) has announced a plan to reduce its personnel in Singapore by 10% by the end of 2027 as part of a global restructuring initiative that will result in approximately 2,000 job losses worldwide. This decision may affect around 500 jobs in Singapore, where the company currently employs about 3,500 people. The restructuring aims to enhance competitiveness and align operations with long-term growth strategies, with affected employees expected to be notified by December.
Source: YAHOO