The layoffs, which will be completed by 2026, come as the company struggles to keep pace with competitors like ExxonMobil and are part of Chevron’s larger goal of cutting costs by up to $3 billion before the end of 2026.
The layoffs, which will be completed by 2026, come as the company struggles to keep pace with competitors like ExxonMobil and are part of Chevron’s larger goal of cutting costs by up to $3 billion before the end of 2026.