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Oil majors Exxon and Shell face a climate-change rethink after seismic green activist victories

Wednesday was tough for the world's biggest oil companies, who were forced by judges and activist investors to reconsider their climate policies.

Lucie pinsonMark schiefelbein gettyInternational energy agencyBusiness insider exxonBusiness insiderலூசி பின்சன்குறி ஸ்ச்சிஎபெல்பேன் கெட்டிகருப்பு பாறைவணிக உள் எக்ஸான்வணிக உள்

Exxon is slashing workers and cutting costs, and employee morale has collapsed Here s everything we know

Exxon is slashing workers and cutting costs, and employee morale has collapsed. Here s everything we know. bjones@businessinsider.com (Benji Jones) © Mark Schiefelbein/Getty; Skye Gould/Business Insider Exxon CEO Darren Woods Mark Schiefelbein/Getty; Skye Gould/Business Insider Exxon slashed spending and is shrinking its workforce after a punishing 2020. Here s everything we know about the cuts, from layoffs to reduced employee benefits. Do you have information about Exxon? Reach out to this reporter by email or through Signal at 646-768-1657. Exxon Mobil suffered a historic blow in 2020, as the pandemic dried up demand for its products at a time when the company s stock was already in decline. For the first time ever, Exxon reported four straight quarters of loss amounting to more than $22 billion for the full year.

Mouhtaropoulos gettyMark schiefelbein gettyKena betancur viewpress corbisWoods markBusiness insider exxonBusiness insiderGetty images kenaGetty imagesGetty images deanகுறி ஸ்ச்சிஎபெல்பேன் கெட்டிவூட்ஸ் குறிவணிக உள் எக்ஸான்வணிக உள்கெட்டி படங்கள் கெனகெட்டி படங்கள்கெட்டி படங்கள் டீன்

Exxon is slashing workers and cutting costs, and employee morale has collapsed Here s everything we know

Exxon is slashing workers and cutting costs, and employee morale has collapsed. Here s everything we know. bjones@businessinsider.com (Benji Jones) © Mark Schiefelbein/Getty; Skye Gould/Business Insider Exxon CEO Darren Woods Mark Schiefelbein/Getty; Skye Gould/Business Insider Exxon slashed spending and is shrinking its workforce after a punishing 2020. Here s everything we know about the cuts, from layoffs to reduced employee benefits. Do you have information about Exxon? Reach out to this reporter by email or through Signal at 646-768-1657. Exxon Mobil suffered a historic blow in 2020, as the pandemic dried up demand for its products at a time when the company s stock was already in decline. For the first time ever, Exxon reported four straight quarters of loss amounting to more than $22 billion for the full year.

Mouhtaropoulos gettyMark schiefelbein gettyKena betancur viewpress corbisWoods markBusiness insider exxonBusiness insiderGetty images kenaGetty imagesGetty images deanகுறி ஸ்ச்சிஎபெல்பேன் கெட்டிவூட்ஸ் குறிவணிக உள் எக்ஸான்வணிக உள்கெட்டி படங்கள் கெனகெட்டி படங்கள்கெட்டி படங்கள் டீன்

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