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Chevron is laying off more than 200 employees in Texas as it prepares to cut up to 20 percent of its global workforce by the ...

The cuts are part of the oil company's effort to downsize its global workforce by 20% by 2026. Chevron has a major operation in Texas's Permian Basin.

Chevron to lay off 200 workers in the Permian Basin, rectifying an earlier reported figure of 800 due to a reporting error.