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Exxonmobil to cut 1,537 jobs in Europe
Paris, July 04: US oil major Exxonmobil plans to cut 1,537 jobs in Europe and regroup European management into a single site in a country with lower social costs, like the Czech Republic or Hungary, the French union CGT said today.
Paris, July 04: US oil major Exxonmobil plans
to cut 1,537 jobs in Europe and regroup European management
into a single site in a country with lower social costs, like
the Czech Republic or Hungary, the French union CGT said
today.
Exxonmobil presented a "fundamental change in the
company's organisation" to its business panel last week that
will include a "first wave of 1,537 post eliminations in
Europe, including 291 in France", the union said in a
statement.
The aim of the restructuring "is to centralise in the
next 30 months all of the managements into a single European
center which will be based in a country with reduced social
costs -- the Czech Republic or Hungary", it said.
The new headquarters would be responsible for all the
company's European units, it said.
The management of Exxonmobil was not immediately available to comment on the union statement.
Bureau Report
The management of Exxonmobil was not immediately available to comment on the union statement.
Bureau Report