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Podcast: IEN Radio
Episode: LISTEN: Chevron to Cut 15-20% of Its Workforce
Description: The headlines these days are awash with cost-cutting news, and it appears that one big name in oil & gas is jumping head-first into slashing its overhead.Chevron revealed Wednesday that it plans to cut a significant number of jobs in order to shore up as much as $3 billion in cost savings.The cuts are projected to include between 15% and 20% of Chevron’s global workforce. They will reportedly start now and will conclude before the end of next year.