1. Hess Cutting Hundreds of Workers as it Battles Activist Investor

    Hess Cutting Hundreds of Workers as it Battles Activist Investor

    (Reuters) - Hess Corp is cutting roughly 13 percent of its workforce and streamlining operations as it battles an activist hedge fund shareholder pushing for the U.S. oil and gas producer to post its first quarterly profit since 2014...

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    1. We are doing all we can to ease the transition for employees who are impacted including severance, outplacement assistance and other benefits and support.
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