ConocoPhillips plans up to 25% workforce cut, shares slide
BARTLESVILLE, Okla. -ConocoPhillips says it will reduce its global workforce by 20% to 25%, a move affecting thousands of employees and contractors as the company restructures following its 2024 Marathon Oil acquisition. Shares fell more than 4% on Wednesday, Sept. 3.By the Numbers:The range: 20%... Read More.