The oil refiner said the unit’s long-term sustainability is uncertain and affected by market dynamics.
Omead Afshar, who used to work in the office of the CEO, has moved into a vice president role with sales and manufacturing operations under him.
The consulting firm is cutting back on state-linked clients and is working to separate its China operations
Canada’s Lithium Americas said General Motors will boost investment in the miner’s Thacker Pass project, which produces the critical ingredient for electric-vehicle batteries.
The cuts come as the company battles with delays, increased costs and competition from the likes of SpaceX.
The suit, filed Tuesday in California’s central district, marks the billionaire’s latest volley in a long-running feud with the Golden State.