ConocoPhillips (COP) Announces Its Plans to Reduce Its Global Workforce by 20% to 25%

ConocoPhillips (NYSE:COP) is one of the 11 Cheap Clean Energy Stocks to Buy Right Now. ConocoPhillips (COP) Announces Its Plans to Reduce Its Global Workforce by 20% to 25% On September 3, 2025, ConocoPhillips (NYSE:COP) revealed its plans to reduce its global workforce by 20% to 25%, potentially affecting up to 3,250 employees and contractors, as part of a broader restructuring aimed at boosting margins and reducing costs. Furthermore, the move comes after the company’s $17 billion acquisition of Marat ...