The US supermajor has “no plans” that would cause it to take restructuring charges in the coming quarters, corporate secretary Jeff Woodbury told investors.
Woodbury attributed ExxonMobil’s stance to being more proactive about keeping their total employee count lower during the past years of relatively high oil prices, when many companies were hiring large numbers of new employees.
“We have really focused on right-sizing the organisation throughout our history,” Woodbury said.
He
