"Exxon-Mobil could generate as much as $7 billion in pretax cost savings through the elimination of redundant overhead, and more than 19,000 job cuts ...
Incidentally, this updated savings forecast is likely to cause the sell-side analyst community to ratchet up its earnings estimates going forward. And that's great news for the common shareholder."
Wow, XOM may go up and, just think, only 19,000 people had to lose their jobs for this to happen!! Ain't capitalism grand!!! Wheee....