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Equinor Halts US Shale Drilling for 2020 Amid Significant Job Cuts

2020-08-26 22:20:00| OGI

Equinor plans to not drill any new unconventional wells this year in the U.S., where it has acreage in the Bakken and Marcellus shale formations, a spokesman for the Norway-based oil and gas company said.

Tags: job significant cuts drilling

 

BMW Mini Oxford car plant set for hundreds of job losses

2020-08-26 14:45:43| BBC News | Business | UK Edition

The number of shifts are to be reduced because of a "substantial" fall in customer demand.

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'I took a pay cut but at least I kept my job

2020-08-26 01:31:41| BBC News | Business | UK Edition

Companies across the UK have asked staff to accept lower pay in order to avoid lay-offs.

Tags: i my pay job

 

Permian Shale Producers Pioneer, Parsley Energy Prepare Job Cuts

2020-08-25 11:00:00| OGI

Two U.S. shale oil producers, Pioneer Natural Resources and Parsley Energy, are planning to trim staff in coming days, people familiar with the matter said.

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Cell C to close down 130 stores amid financial pressure, warns of potential job losses

2020-08-24 10:39:00| Telecompaper Headlines

(Telecompaper) South African mobile operator Cell C has announced that it is closing down 130 stores across the country as financial pressure continues to ravage the company, ITWeb reported. The operator says it is reviewing its operating model and organisational structure to address inefficiencies. Cell C has since initiated a Section 189 process, advising staff of the possibility of redundancy of certain positions and possible retrenchments. 

Tags: close job stores financial

 

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