Home Halliburton cuts more jobs as fracking hit worst in oil downturn
 

Keywords :   


Halliburton cuts more jobs as fracking hit worst in oil downturn

2015-10-19 23:55:27| Energy - Topix.net

Halliburton cut another 2,000 jobs in the past month as the worst oil market slump in decades saps demand for work at the world's largest provider of fracking services. The Houston-based company said the first quarter of next year may represent the lowest point for its North American profit margin as customers start fresh with new spending budgets for 2016 and tap Halliburton's pressure-pumping expertise to start new wells.

Tags: jobs hit oil worst

Category:Energy and Environment

Latest from this category

All news

27.11H0599bikke8.7AH
27.11 staff
27.11 TWINS 8oz
27.11
27.1120194
27.11V 7
27.1120th
27.11Under Armour Tactical T /2
Energy and Environment »
27.11H0599bikke8.7AH
27.11 staff
27.11 TWINS 8oz
27.11
27.1120194
27.11V 7
27.1120th
27.11Under Armour Tactical T /2
More »