Home Chevron cutting up to 7,000 jobs; profit falls to $2 billion
 

Keywords :   


Chevron cutting up to 7,000 jobs; profit falls to $2 billion

2015-10-31 08:57:46| Energy - Topix.net

Chevron Corp. is cutting up to 7,000 jobs, or 11 percent of its work force, as it deals with lower oil prices that are cutting deeply into profit. The company said Friday that it would cut capital and exploratory spending next year by one-fourth, with further cuts in 2017 and 2018 depending on the oil industry's condition then.

Tags: jobs falls profit cutting

Category:Energy and Environment

Latest from this category

All news

24.11 Beautiful World CD
24.11VIII
24.11PLUS MADHOUSE( ) 2
24.11KATO 10-1537 415
24.11125f-slim
24.11
24.11olend ona soft bag
24.1110ONKYO
Energy and Environment »
24.11 Beautiful World CD
24.11VIII
24.11PLUS MADHOUSE( ) 2
24.11KATO 10-1537 415
24.11125f-slim
24.11
24.11olend ona soft bag
24.1110ONKYO
More »