07
Apr
Halliburton Cuts Jobs, Executive Pay
- By:madox-admin
- Tags:Tags: news
- Category:Latest Energy News, News
- 0 comment
Halliburton has laid off 350 workers in Oklahoma as the squeeze of oil prices on the industry forces companies to shrink their operations. The Houston Chronicle reported the layoffs citing a filing with the state employment watchdog, and Halliburton later confirmed it. "This was a difficult decision, but is a necessary action as we work to successfully adapt to challenging market conditions," Halliburton said in a statement. "As we make workforce reductions,…
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