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AT&T closes 250 stores, cuts thousands of jobs

2020-06-18 02:00:00| Total Telecom industry news

The slow decline of highstreet retailers has been well understood for many years, but the recent lockdown during the coronavirus pandemic has accelerated to the process, as internet commerce takes centre stage.   Earlier this week, US operator AT&T admitted that the damage to their retail arm had been severe and would be resulting in the closure of 250 shops around the country…read more on TotalTele.com »

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Laredo Petroleum Replaces CFO, Further Cuts Personnel Costs

2020-06-18 00:00:00| OGI

Laredo Petroleum named Bryan Lemmerman, formerly with Chesapeake Energy, as CFO, replacing Michael Beyer, who left the Permian Basin-focused shale producer effective immediately.

Tags: costs personnel cuts petroleum

 
 

OPEC+ Panel Makes No Recommendation on Supply Cuts

2020-06-17 18:58:55| OGI

This weeks meetings are part of an OPEC+ effort to review the impact of a record supply that started May 1 cut and hear from countries yet to deliver their share in full, such as Iraq.

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HSBC to press on with 35,000 job cuts

2020-06-17 12:35:17| BBC News | Business | UK Edition

The bank announced the plan in February but put it on hold amid the coronavirus pandemic.

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Exxon Mobil Cuts Guyana Crude Output to Avoid Gas Flaring

2020-06-16 15:09:02| OGI

Output at the Liza FIeld has fallen to between 25,000-30,000 bbl/d within the past week after an issue with gas reinjection equipment, according to the head of Guyanas Environmental Protection Agency.

Tags: gas avoid output mobil

 

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