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Posts Tagged ‘ConocoPhillips global restructuring’

Who Owns ConocoPhillips? Oil Giant to Cut 3,250 Jobs Amid Energy Crisis

By Brand Post | September 6, 2025 | 0
Who Owns ConocoPhillips? Oil Giant to Cut 3,250 Jobs Amid Energy Crisis

ConocoPhillips will cut up to 3,250 jobs worldwide by the end of 2025, slashing 20% to 25% of its global workforce in a sweeping restructuring plan. The US oil and gas giant said the move is driven by falling crude prices, rising production costs and intensifying economic pressures that have eroded profitability. Who Owns ConocoPhillips?…

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