HOUSTON, Oct 22 (Reuters) - Exxon Mobil Corp plans
to close two Houston-area office towers to consolidate staff in
its main campus as it cuts costs following staff departures, the
company said on Friday.
Last year, Exxon announced a plan to reduce its global
workforce by 14,000 people following a historical annual loss of
Remaining workers at the two office buildings known as
Hughes Landing, in The Woodlands, Texas, will be relocated to
the main Houston-area campus, Exxon spokesperson Casey Norton
said. Bloomberg first reported the news.
Closing the two offices mean the company could lose more
than $1 million in tax abatement agreements with the Woodlands
Township, for which a minimum number of employees was required.
"As the tax discussions are resolved, we look forward to
welcoming those employees back to our larger space on the
Houston campus," Exxon said in a note.
The company has been conducting performance assessment
programs resulting in job dismissals and voluntary departures.
"The assessment process is not a headcount reduction exercise,"
Exxon said. "Employees who separate from the company through the
annual assessment process may be backfilled."
(Reporting by Sabrina Valle; Editing by Richard Chang and David