June 26, 2020 at 07:03PM
The oil giant is preparing to slash jobs domestically, according to Bloomberg.
I think the oil market is a sign of what’s to come for most companies. There’s a big shift underway to prioritizing free cash flow and shareholder returns. The market doesn’t reward investment and future cash flows.
Author: https://www.forexlive.com/news/!/exxon-prepares-to-make-job-cuts-across-us-offices-20200626 Selected by SYFX+