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Chevron cutting up to 7,000 jobs as oil profits shrink

2015-10-31 08:20:35| Oil & Gas - Topix.net

Chevron is cutting up to 7,000 jobs, or 11 percent of its workforce, the latest indication of the toll that low oil prices are taking on the industry. The two biggest U.S. oil companies reported huge profits for the third quarter.

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