Oil Industry Cuts 4,000+ Jobs Amid Falling Prices and Mergers 📉
U.S. oil companies are laying off over 4,000 workers this year due to declining crude prices, rising tariffs, and industry consolidations, signaling a challenging period for the energy sector.
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U.S. oil companies have cut over 4,000 jobs this year amid falling crude prices, increased tariffs, and massive industry consolidation.
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227
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0:53
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Published
Oct 1, 2025
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