Chevron, Exxon shrink spending as coronavirus cuts demand
BUSINESS
October 30, 20202 min read460 words

Chevron, Exxon shrink spending as coronavirus cuts demandChevron, Exxon shrink spending as coronavirus cuts demand

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Published: October 30, 2020  |  2 min read460 words
By , , Exxon posted its third straight quarter of losses on Friday and reduced spending plans for the coming year.In common with others in the sector, the two are laying off a substantial portion of their workforce and expect to cut costs further as they try to reverse years of w...
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