FOX BIZ NEWS: Oil giants may face job cuts as coronavirus threatens recovery
Oil giants may face job cuts as coronavirus threatens recovery
ExxonMobil denied speculation that it is planning on cutting 5-10 percent of its workforce this year.
FOX BIZ NEWS: Exxon loses board seats to activist hedge fund in landmark climate vote
Exxon loses board seats to activist hedge fund in landmark climate vote A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday as shareholders elected at least two of the fund's nominated directors to the oil giant's board after a months-long battle over the company's carbon footprint and growth plans.
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