Oil giant ConocoPhillips is planning to lay off up to a quarter of its workforce, amounting to thousands of jobs, as part of broader efforts from the company to cut costs. A spokesperson for ...

Oil and gas producer ConocoPhillips will cut 20%-25% of its workforce as part of a broad restructuring, a company spokesperson said on Wednesday, after five sources told Reuters that CEO Ryan Lance ...

(Bloomberg) -- ConocoPhillips agreed to acquire Royal Dutch Shell Plc’s Permian Basin assets for $9.5 billion in cash, accelerating the consolidation of the largest U.S. oil patch. The deal, announced ...

ConocoPhillips to lay off 20–25% of staff Cuts impact 2,600–3,250 workers worldwide by 2025 CEO cites rising costs, need for fewer roles Shares fall 4% following announcement Oil giant ConocoPhillips ...

Pictured is the ConocoPhillips building in Houston’s Energy Corridor. NEW YORK — Oil giant ConocoPhillips is planning to lay off up to a quarter of its workforce, amounting to thousands of jobs, as ...

ConocoPhillips, Shell, Chevron, bp, and ExxonMobil have announced major layoffs. Mostly these cuts reflect strategic adjustments rather than a retreat from upstream operations. Each company has ...

NEW YORK (AP) — Oil giant ConocoPhillips is planning to lay off up to a quarter of its workforce, amounting to thousands of jobs, as part of broader efforts from the company to cut costs. A ...