ExxonMobil, a leading global energy company, revealed plans on Tuesday September 30, 2025, to eliminate approximately 2,000 positions worldwide. This move is part of a broader restructuring initiative aimed at streamlining operations amid ongoing industry challenges.
The company, known for its extensive oil and gas activities, provided detailed reasons in a memo to employees, Chief Executive Darren Woods framed the move as part of the company’s “tough decisions” designed to sharpen its competitiveness and widen its lead over rivals.
“These changes will further strengthen our advantages and grow the gap with our competition, helping to keep us in the lead for decades,” Woods wrote.
The announcement follows similar trends in the energy sector, where firms are adapting to shifts in demand, regulatory pressures, and economic uncertainties.
Chevron, ConocoPhillips and BP have all disclosed similar cuts in recent months. But Exxon’s job reductions stem from an internal restructuring Woods launched in 2019 to simplify a sprawling corporate footprint dating back to the 1999 merger with Mobil.
The job reductions will impact various parts of the organization’s global workforce, reflecting the scale of ExxonMobil’s international presence. While specifics on affected departments or regions were not disclosed, the cuts are expected to unfold over the coming months as the company reorganizes its structure.
Also see: NULGE Launches 7-Day Strike Over Dismissal of 300 Members in Rivers
It bears mentioning that regarding potential effects on ExxonMobil workers in Rivers State, Nigeria, the announcement makes no specific mention of impacts in that region or any other particular location. ExxonMobil operates extensively in Nigeria, including in Rivers State, but details on how the global restructuring might influence local employees remain unclear at this time.
Overall, it is worth noting that this development underscores the challenges facing major energy players as they navigate a transitioning global economy. The company has not yet outlined support measures for affected employees, such as severance packages or retraining programs.
