Chevron to cut 15–20% of workforce amid cost-cutting efforts
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Chevron (CVX) announced on Wednesday it plans to cut 15–20% of its workforce as part of its efforts to cut costs by $2 to 3 billion through 2026, with an emphasis on simplifying its organizational structure. Additionally, Chevron's acquisition of Hess (HES) is still pending, adding uncertainty.
Julie Hyman and Josh Lipton break down the details on Market Domination.
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This post was written by Josh Lynch
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