Layoffs, furloughs, and budget cuts: We're tracking how 19 energy giants from Chesapeake Energy to Chevron have responded to the historic oil market meltdown

Business Insider


· The coronavirus pandemic crippled global oil demand, causing the price to collapse by more than 70% in April, with some futures going negative for the first time in history.
· Most oil and gas giants have already slashed capital spending and dividends, laid off or furloughed staff, and changed their production targets.

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