Remaking Big Oil The Desperate Rush To Slash CostsBy
Employees of Amoco Corp. were still reeling from the wrenching 1992 shakeup that led to 8,500 job losses when word of another corporate restructuring began circulating in March. For months, tensions and anxiety grew as executives worked on the details. "There was self-doubt, paranoia--nobody got anything done," recalls one senior official.
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