Independent journal on economy and transport policy
01:39 GMT+2
ChevronTexaco begins to cut 4,000 jobs
(San Francisco Chronicle)
November 14, 2001
(11-14) 15:00 PST SAN FRANCISCO (AP) --
ChevronTexaco Corp. has begun to lay off 7 percent of its work force, or about 4,000 employees, as the oil giant eliminates overlapping operations in two businesses brought together in a $39 billion merger completed last month.
The job cuts, described in the company's quarterly report to the Securities and Exchange ...... Read more on San Francisco Chronicle
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