--Chevron Corp. is planning staff cuts of as much as 15% amid its ongoing restructuring, Reuters reports Wednesday.

--A company spokesperson said the anticipated cuts are to "address current market conditions," the report said.

 

Full story: https://www.reuters.com/article/us-chevron-layoffs-exclusive/exclusive-chevron-to-cut-up-to-15-of-staff-amid-restructuring-idUSKBN2332P3

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

May 27, 2020 15:39 ET (19:39 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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