ExxonMobil plans to cut some of its employees

Head of the American oil and gas company ExxonMobil, Darren Woods, announced plans to cut employees due to the fall in energy demand amid the pandemic caused by the new coronavirus, Rambler reports.

“We are going through difficult times. We are forced to resort to tough measures, some of which may lead to the fact that our friends and colleagues leave the company,” he said.

ExxonMobil's losses in the second quarter of 2020 were the largest in the company's recent history, according to Bloomberg.

Amid the crisis caused by the coronavirus pandemic, the British oil and gas company British Petroleum will lay off about 15% of its employees by the end of the year.