ExxonMobil prepares spending, job cuts in last ditch move to save dividend

ExxonMobil prepares spending, job cuts in last ditch move to save dividend
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03.08.2020

MOSCOW (MRC) -- ExxonMobil Corp is preparing deep spending and job cuts, according to people familiar with the matter, as it fights to preserve a 8% shareholder dividend with a multi-billion-dollar quarterly loss looming, as per Hydrocarbonprocessing.It was unclear how extensive the cuts will be. The largest US oil company slashed this year's budget by 30% in April, but Chief Executive Da

Full article at mrcplast.com

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