(Bloomberg) Exxon $XOM sharpening ax. Oil giant ready to cut ~10% of US workforce as it tries to become slimmer, more efficient org structure. Cuts expected to be perf-based and aren't being called layoffs. Evals typically apply to white-collar jobs. #OOTT #EFT

Hate to see it. https://t.co/6uZrGGu8k4