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Tag: cuts
Report: Russian Oil Bosses Debate Extending Production Cuts into 2021
2020-11-02 21:40:00| OGI
OPEC and Russia imposed a record oil output cut in April to support prices as the COVID-19 pandemic shrank demand. They are considering further steps as the global number of coronavirus cases is rising sharply.
Tags: report
production
oil
russian
Pizza Express cuts 1,300 more jobs
2020-10-29 17:51:58| BBC News | Business | UK Edition
The announcement comes weeks after the firm said it would cut 1,100 jobs and close 73 restaurants.
Hess Posts Wider-than-expected Q3 Loss, Cuts Annual Production Forecast
2020-10-28 14:01:23| OGI
U.S. oil and gas producer Hess Corp. reported a wider-than-expected loss on Oct. 28 and slightly lowered its full year production forecast, as its operations were affected by hurricanes in the Gulf of Mexico and lower production in South East Asia.
Tags: posts
production
loss
annual
Exxon Mobil Very Close to Disclosing US, Canada Job Cuts
2020-10-22 11:10:00| OGI
The job cuts are part of a plan unveiled this spring to redesign how Exxon Mobil works and to increase competitiveness, CEO Darren Woods said in an email to its nearly 75,000-person workforce.
British Airways owner IAG cuts flight numbers again
2020-10-22 09:42:57| BBC News | Business | UK Edition
Airline group IAG is reducing capacity further as it reports a hefty loss for the past three months.
Tags: owner
numbers
british
flight
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