PR jobs may go in Mobil merger

Mobil has admitted that its record-breaking acquisition deal with fellow US oil giant Exxon, announced this week, could lead to PR job losses.

Mobil has admitted that its record-breaking acquisition deal with

fellow US oil giant Exxon, announced this week, could lead to PR job

losses.



Over 9,000 jobs will be lost worldwide if the acquisition of Mobil by

Exxon gets regulatory approval, and UK public relations and marketing

departments will be affected.



Mobil’s UK communications is led by PR head Catherine Cutts, who

oversees a team of eight and is responsible for Europe, Africa and the

former Soviet Union region. Exxon’s UK PR head Gordon Sawyer oversees a

team of 24.



Cutts refused to comment on the effect the proposed merger will have on

her team but a source confirmed that the anticipated job cuts could

affect the department. ’There will definitely be some overlap of the two

departments and mergers such as this one always result in inevitable job

losses,’ said a Mobil source.



Mobil retains Countrywide Porter Novelli to handle its environmental PR

in the UK on a project basis. It does not retain any other full service

PR agency.



On completion the new company’s name will be Exxon Mobil Corporation. It

will be headquartered in the US.



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