EXXON U.S.A. STARTS PROGRAM TO REDUCE WORKFORCE, CURB ACTIVITIES

Exxon Co. U.S.A. expects to complete by Aug. 1 an employee separation program that will allow company-wide consolidation. The workforce reduction--including retirements transfers to other Exxon organizations, and separations--is expected to affect 10-12% of the company's nonhourly wage employees. The plan is intended to improve Exxon's efficiency and competitiveness. The U.S. division of Exxon Corp. plans to curb activities in all departments and affiliates, with the biggest cuts in

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