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Anadarko Cuts 1,000 Jobs as It Idles Drilling Rigs, Sells Assets

2016-03-11 13:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Anadarko Petroleum Corp. is shrinking its workforce in the latest step to cope with a collapse in oil and gas prices, following plans to park rigs, slash dividends and sell assets. The third-largest U.S. natural gas producer is laying off about 1,000 workers, roughly a 17 percent reduction, said company spokesman John Christiansen. The move will affect departments throughout the organization, he said. "Weve been very carefully evaluating what our staffing levels should be, given the current...

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Category:Electronics and Electrical

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