C-Stores 'Burned' by Wildfires

The job cuts, meant to save $75 million a year, are in addition to an early retirement program offered to 970 workers. Those employees have until October to decide if they want to retire.

More job cuts are possible after the early retirement program is completed. The Houston-based company has about 2,800 oil-exploration employees in the United States and 3,700 worldwide.

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