Jul. 30, 2020

Exxon prepares spending, job cuts in last ditch move to rescue dividend

Article by Dmitry Zhdannikov, The Globe and Mail

Exxon Mobil Corp. is preparing deep spending and job cuts, according to people familiar with the matter, as it fights to preserve an 8 per cent shareholder dividend with a multibillion-dollar quarterly loss looming. It was unclear how extensive the…

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