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Oil crash: Halliburton slashes another 5,000 jobs

2016-02-25 22:11:50| Oil & Gas - Topix.net

Halliburton is cutting 8% of its workforce, or roughly 5,000 positions, the Houston energy company told CNNMoney on Thursday. It's the latest evidence of the crisis confronting the U.S. oil industry as crude prices have crashed to seven-year lows.

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Halliburton to Slash 5,000 More Jobs Amid Oil Slump

2016-02-25 22:11:49| Oil & Gas - Topix.net

Oilfield services provider Halliburton Co , pressured by a prolonged slump in crude oil prices, will further slash its workforce by about 8%, or by 5,000 jobs, company spokeswoman Emily Mir told Reuters on Thursday. The more than 70% fall in global crude prices since mid-2014 has led to a series of job cuts and additional cost-cutting efforts from several companies including the world's largest oilfield services provider, Schlumberger Ltd .

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Oil crash: Halliburton slashes another 5,000 jobs

2016-02-25 22:03:52| Energy - Topix.net

Halliburton is cutting 8% of its workforce, or roughly 5,000 positions, the Houston energy company told CNNMoney on Thursday. It's the latest evidence of the crisis confronting the U.S. oil industry as crude prices have crashed to seven-year lows.

Tags: jobs oil crash halliburton

 

Jobs under threat at Halliburton

2016-02-17 10:54:41| Oil & Gas - Topix.net

Congratulations, you're now registered! Let us know what news and updates you want to hear about and we'll send them straight to your inbox. A major oil and gas industry employer in Arbroath has confirmed that jobs are to go as it looks to adjust its workforce.

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Halliburton reports a quarterly loss and continues to expect...

2016-01-25 16:31:47| Energy - Topix.net

The second big fourth-quarter earnings report from an energy company is out, and it's telling pretty much the same story about the sector's struggles. It reported a net income loss per share of 79 cents for the full year.

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