Business ExxonMobil combining business units as it continues to cut costs By Deanna B. Narveson - February 9, 2023 ExxonMobil's refinery in north Baton Rouge. (Tim Mueller) FacebookXLinkedinEmailPrint ExxonMobil is combining business units as part of a continuing corporate reorganization that will cut costs and trim some jobs, The Wall Street Journal reports. The U.S. oil company, which po… Already an INSIDER? Sign in.