There are many big oil companies in the United States. One of them is ConocoPhillips. It is a very large company. It works with oil and gas all over the world.
The company has a new plan. The plan is to reduce its number of workers. This means many people will lose their jobs. The company says it must do this to save money.
Losing a job is very hard for workers and their families. They will have to find new work. This is a difficult time for many people in the oil industry.