KM Financial Solutions | Occidental Petroleum cuts CEO, staff pay to combat falling oil prices
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Occidental Petroleum cuts CEO, staff pay to combat falling oil prices

Occidental Petroleum cuts CEO, staff pay to combat falling oil prices

Occidental Petroleum Corp
will cut employee salaries by up to 30%, according to an
internal memo reviewed by Reuters, as the debt-laden U.S. oil
producer tries to save cash amid tumbling energy prices.

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