Exxon expects to cut Singapore staff by 10% to 15% by end-2027


The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren

SINGAPORE: Exxon Mobil Corp expects to cut the number of its employees in Singapore by 10% to 15% and move its office to the site of its Jurong plant from downtown by the end of 2027, in global restructuring efforts, the company said on Wednesday.

The plans for Exxon's Singapore operations come after the U.S. major announced on Tuesday it will lay off 2,000 workers globally, particularly in Canada and across the European Union, as part of a long-term restructuring plan that will affect about 3% to 4% of the company's workforce.

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