Chevron plans to lay off up to 20 percent of its workforce, according to a company spokesperson.

Vice Chairman of the Chevron Corp., Mark Nelson, said that the company "is taking action to simplify our organizational structure, execute faster and more effectively, and position the company for stronger long-term competitiveness" in a statement emailed to The Hill.

“This work includes optimizing the portfolio, leveraging technology to enhance productivity, and changing how and where work is performed, including the........

© The Hill