By Sheila Dang and Vallari Srivastava

HOUSTON (Reuters) – The US oil Major Exxon Mobil announced on Tuesday that it would fire 2,000 people around the world, in particular in Canada and the European Union (EU), as part of a long -term restructuring plan.

This restructuring plan will affect between 3 and 4% of the company’s global workforce. At the end of 2024, Exxon employed 61,000 people worldwide, according to a regulatory declaration.

Some 1,200 positions will be removed in Norway and in the European Union by the end of 2027, Exxon said in a press release on Tuesday. The company provides for the closure of some of its small offices in the European Union.

No dismissal is planned in the United States, said a company spokesperson and those announced on Monday by the Canadian oil producer Imperial Oil, of which Exxon is a majority shareholder, represent about half of the larger suppressions confirmed on Tuesday, he added.

Exxon has also announced the construction of an office in its refinery in Antwerp, Belgium, which will host a new European technological center and most of Exxon employees based in Brussels.

Around the world, oil producers are increasingly bringing together their offices in order to work to save money. Several companies in the sector have announced thousands of job cuts this year, including Chevron and Conocophillips.

“Our global office network was established several decades ago in very different circumstances. In order to support the collaboration which is essential to our success, we are aligning our global footprint on our operating model and we bring our teams,” a statement of the company based in Houston said in a statement.

Exxon’s action lost approximately 1.2% on Tuesday at midday, falling at 112.80 dollars (96.02 euros).

(Written by Sheila Dang in Houston and Vallari Srivastava in Bangalore; Coralie Lamarque, edited by Kate Entringer)

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