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Chevron to lay off nearly 800 workers in the Permian Basin (CVX:NYSE)

Seeking Alpha · last updated
Chevron Reports $8.3 Billion Loss For Second Quarter

Justin Sullivan/Getty Images News

Chevron (NYSE:CVX) will lay off nearly 800 employees at its Permian Basin facilities in Texas, the Houston Chronicle reported Thursday, part of the company’s plan to cut up to 20% of its global workforce — or ~9,000 people — by the end of 2026.

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