Oil and gas company, ExxonMobil Australia, has commenced a voluntary redundancy program for its Australian employees.
The program follows an extensive review of the company’s current and future project work.
Employees who elect to take part in the voluntary program, according to ExxonMobil, will be asked to offer expressions of interest through September.
“The program is being offered to all employees in Melbourne, Gippsland, Sydney, Adelaide and Perth,” ExxonMobil said in a statement.
“Employees who participate in the program will be provided with company support, including outplacement services.
This program will ensure the company manages through these unprecedented market conditions.”