The top oil-producing company in Alaska is planning significant layoffs, it announced last week.

In a series of statements, the oil giant ConocoPhillips said it will be firing between 20% and 25% of its global workforce of about 13,000 people. That would mean between 2,600 and 3,250 layoffs worldwide.

“We are always looking at how we can be more efficient with the resources we have. As part of this process, we have informed employees that a 20% to 25% reduction in our global workforce, which includes employees and contractors, is anticipated. The majority of these reductions will take place in 2025,” said Rebecca Boys, director of external affairs for ConocoPhillips Alaska, on Thursday.

Boys declined to say how many people the company employs in Alaska, but prior documents published by

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