Exxon Will Cut 14,000 Jobs as Pandemic Continues Hammering Oil Demand

Exxon Mobil Corp announced on Thursday that it would reduce its global workforce by 15%, including 1,900 U.S. jobs, by the end of 2022, as North Amerca’s oil juggernaut attempts to preserve dividends amid severe impacts of the pandemic to the oil industry.

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Cathay Pacific Airways to Slash 6,000 Jobs and Shut Dragon Brand

Cathay Pacific Airways is planning to cut around 6,000 jobs and plans to wind down its Cathay Dragon sister airline brand, as the flag carrier airline of Hong Kong executes sharp staff reduction as an attempt to deal with the severe impacts of the coronavirus crisis.

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