Chevron to lay off about 25% of Noble Energy employees after merger

Chevron to lay off about 25% of Noble Energy employees after merger
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17.11.2020

MOSCOW (MRC) -- Chevron Corp will lay off about 25% of Noble Energy's employees who joined the oil major after its USD4.1 billion purchase of the smaller rival earlier this month, the company announced, said Hydrocarbonprocessing.A collapse in crude oil prices has forced most oil and gas producers to drastically cut costs by laying off thousands of employees and cutting down on drilling.

Full article at mrcplast.com

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