Exxon to Shutter Two Houston Office Towers After Worker Exodus

Exxon Mobil Corp. plans to close two Houston-area office towers after a raft of unprecedented job cuts and employee departures over the past year and a half.

Workers in the suburban office buildings known as Hughes Landing in The Woodlands, Texas, will relocate to the oil giant’s main Houston-area campus a few miles away, according to an internal memo seen by Bloomberg.

The closure is the latest turn in Exxon Chief Executive Officer Darren Woods’ effort to recast what was once the most-profitable U.S. corporation after back-to-back oil busts and ascendant environmentalism called into question the company’s strategy. ...