Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reported that U.S. oil giants are cutting jobs despite strong profits. Citing The New York Times, he noted that ConocoPhillips plans to lay off up to 3,250 workers after its $17 billion acquisition of Marathon Oil. McIntyre explained that industry mergers, steady oil prices, and the slow pace...
https://www.msn.com/en-us/money/markets/u-s-oil-giants-slash-jobs-despite-growth