ConocoPhillips will reduce its workforce by 20–25% as part of a broad reorganization announced to employees this week, according to a new Reuters report. The company said reductions will occur across functions and geographies, with further details to be shared directly with staff through internal briefings. The action follows months of streamlining under an internal program known as Competitive Edge. In April, Reuters described work with Boston Consulting Group to centralize services, eliminate duplicative roles, and simplify organizational…
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