Chevron Announces Massive Layoff Plan: 15% to 20% Workforce Reduction to Address Economic Challenges and Acquisition Integration
Chevron Announces Massive Layoff Plan: 15% to 20% Workforce Reduction to Address Economic Challenges and Acquisition IntegrationChevron, a US oil giant, recently announced a significant corporate restructuring plan involving the reduction of 15% to 20% of its global workforce over the next three years. This move is intended to address the current complex economic environment, reduce operating costs, and facilitate the smooth integration of a large acquisition...
Chevron announces acquisition of energy company Hess for $53 billion
On October 24th, according to foreign media reports, energy giant Chevron announced plans to acquire competitor Hess for $53 billion in search of expanding its oil business.According to the terms of the transaction, Hess shareholders will receive 1...