Posted on Thu 29 Oct 2020, 06:14 PM

Exxon Mobil said Thursday it will eliminate 1,900 US jobs as part of a global cost-cutting drive that will shrink its global workforce by about 15 percent over the next two years.

The US oil giant said the hit from the coronavirus pandemic — which has driven oil prices lower — was a factor in the downsizing, which will primarily impact management staff in Houston, through a mix off of voluntary programs and involuntary layoffs.

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