Independent journal on economy and transport policy
08:39 GMT+2
Oil giant's merger to cost 16,000 jobs
(Independent)
December 16, 1999
David Koenig, AP
16 December 1999
Exxon Mobil Corp. officials said Wednesday their merger will result in deeper job cuts and greater cost savings than previously estimated.
The world's largest publicly owned oil company will cut almost 16,000 jobs by the end of 2002, officials said - an increase from the 9,000 cuts estimated when the companies announced ...... Read more on Independent
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