Exxon Mobil books USD 20 million impairment
![Photo: Loren Elliott/Reuters/Ritzau Scanpix](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article12597524.ece/ALTERNATES/schema-16_9/20201201-004351-4-1920x1079we.jpg)
Drastic steps are being taken at Exxon Mobil in an attempt to safeguard the company against the continued effects of the coronavirus pandemic and oil price crisis on the oil industry. Last month, the company announced that it had to lay off almost 14,000 employees – or nearly 15 percent of the total workforce. And now Exxon Mobil opts to book its largest-ever impairment.
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Exxon Mobil reports big net loss and downsizes
For subscribers
Exxon Mobil plans 1,600 job cuts in Europe
For subscribers