20% to 25% of global workforce to be cut, mostly in 2025
Source-backed update · Announced plan · ConocoPhillips
EventConfirmed September 3, 2025
ReportedSeptember 3, 2025
Added to WorkHushSeptember 3, 2025
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Sources
Reuters (via Global News) · Sep 3, 2025Supports: Reported that the company told employees to expect a 20% to 25% reduction in its global workforce including contractors, with most cuts before the end of 2025, confirmed by a company spokesperson.Open the sourceReuters (via Yahoo Finance) · Sep 4, 2025Supports: Reported that the company notified the Texas Workforce Commission that Houston layoffs could begin as early as November 10, with employment end dates starting the week of December 1, 2025.Open the source
Not in the sources
The percentage includes contractors; Reuters estimated 2,600 to 3,250 employees from a 13,000 headcount, while the company's 2024 annual report listed about 11,800 employees, and teams and locations were not specified.
More job cuts in September 2025 ›