Monday, October 27, 2025
ConocoPhillips to lay off Canada employees in November, company memo shows- oil and gas 360

ConocoPhillips to lay off Canada employees in November, company memo shows

(BOE Report)– U.S. oil company ConocoPhillips is laying off employees at its Canadian operations, according to three sources and a company memo reviewed by Reuters, as it moves to cut up to a quarter of its global workforce by next year. The memo did not specify how many layoffs would take place but said they would begin at the company’s Canadian

Chevron to cut 20% of global workforce in cost-reduction effort- oil and gas 360

Chevron to cut 20% of global workforce in cost-reduction effort

(World Oil) – Chevron Corp. plans to cut its global workforce by 15% to 20% by next year, as part of efforts to reduce costs and raise profits. The US oil giant employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employees. The company recently moved its headquarters from San Ramon,