MAJOR OIL COMPANY TO CUT JOBS IN THE FACE OF SHARP OIL AND GAS PRICE DROPS

Highlights:

• Chevron Corp is reportedly offering buyouts to decrease its workforce in the U.S. oil exploration and production plants.

• The major oil business is swiftly moving in to reduce costs in the face of a sharp decline in natural oil and gas prices around the world.

As per reports, the employees who accept Chevron’s buyout offer could remain until the mont....