Occidental Petroleum cuts CEO, staff pay to combat falling oil prices
24 Mar Occidental Petroleum cuts CEO, staff pay to combat falling oil prices
Posted at 05:33h
in
News
by KMFSLLP
Occidental Petroleum Corp
will cut employee salaries by up to 30%, according to an
internal memo reviewed by Reuters, as the debt-laden U.S. oil
producer tries to save cash amid tumbling energy prices.
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