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slashing of jobs have begun

bart12

Alfrescian
Loyal
http://www.bizjournals.com/houston/...sivehalliburton-to-cut-thousands-of-jobs.html
Houston-based Halliburton Co. (NYSE: HAL) confirmed it will cut anywhere from 5,000 to nearly 6,500 jobs companywide because of slumping oil prices and the resulting decline in oil and gas exploration and production.

Halliburton said Feb. 10 it will cut 6.5 percent to 8 percent of its global headcount. The company reported having about 80,000 global employees last year, including 8,600 in the Houston region.
 

krafty

Alfrescian (Inf)
Asset
dip in oil prices is no good afterall...casualty mainly from oil and gas industry.

http://www.bizjournals.com/houston/...sivehalliburton-to-cut-thousands-of-jobs.html
Houston-based Halliburton Co. (NYSE: HAL) confirmed it will cut anywhere from 5,000 to nearly 6,500 jobs companywide because of slumping oil prices and the resulting decline in oil and gas exploration and production.

Halliburton said Feb. 10 it will cut 6.5 percent to 8 percent of its global headcount. The company reported having about 80,000 global employees last year, including 8,600 in the Houston region.
 
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