4 leaked documents lay out how Exxon is cutting European workers, including which divisions are shrinking and where jobs are being moved.

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4 leaked documents lay out how Exxon is cutting European workers, including which divisions are shrinking and where jobs are being moved. (archive.vn)

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[–] • 1 pt

It is good news for XOM. Woods has maintained that they will continue paying the dividend, but currently they are taking on debt to do so. Aggressive cost cutting is needed to return the company to positive cash flow.

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