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Exxon prepares to make job cuts across US offices

June 26, 2020 at 07:03PM

Exxon prepares to make job cuts across US offices
Bloomberg report
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.

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