Chevron to lay off up to 20% of its workers
Fast Company Tech
FEBRUARY 12, 2025
Its $53-billion deal to acquire oil producer Hess and gain a foothold in Guyana’s lucrative oilfield is in limbo due to a court battle with larger rival Exxon Mobil, which has more aggressively expanded its own production. “We do not take these actions lightly and will support our employees through the transition.”
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