exxon mobil corp xom disclosed in its 2022 annual report that it had 62300 employees at the end of last year to mark a thirdstraight year that the oil giant’s workforce has been reduced after having 74900 employees at the end of 2019 a sharp drop in oil prices to start 2020 as the covid19 pandemic took hold led to a 2900 reduction to 72000 employees at the end of 2020 and then a 9000 decline to 63000 employees at the end of 2021 before another 700 jobs were cut in 2022 but while the workforce has declined by a total of 12600 employees since 2019 revenue has jumped by 56 to 39868 billion in 2022 from 25558 billion in 2019 as revenue per employee nearly doubled to 640 million from 341 million and 2022 net income of 5574 billion was nearly four times 2019 net income of 1434 billion and exxon mobil’s stock ended 2022 at 11030 or 581 above the yearend 2019 price of 6978 in comparison continuous crude oil futures cl00 ended 2022 at 8026 up 314 from the end of 2019 while the sp 500 spx rose 188 from the end of 2019 through 2022