Oil and Gas Employment Hits a 2026 Low Even as Production Sets Records | HappeningNow.news

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Oil and Gas Employment Hits a 2026 Low Even as Production Sets Records

Chevron is cutting up to 9,000 jobs this year. That's a fifth of its global workforce, gone, while it digests the $53 billion Hess deal.

Source Summary Published July 18, 2026 Brief Under 1 min brief
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Summary

Chevron is cutting up to 9,000 jobs this year. That's a fifth of its global workforce, gone, while it digests the $53 billion Hess deal. ExxonMobil trimmed 2,000. BP shed more than 5 percent of its staff, plus 3,000 contractors.

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