Oil major fires 10 percent of its employees

US-based oil giant ConocoPhilips will lay off as many as 1,800 employees due to the oil crisis.
BY SØREN SPRINGBORG, ENERGIWATCH

One of the world's largest oil companies has just announced a round of layoffs that will hit approximately one in ten employees at the company. 1,800 of the company’s 18,000 employees look set to be fired, primarily in North America, according to a press release from the company.  

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