More oil industry pain: Halliburton slashes 9,000 jobs

April 21, 2015 4:34 AM

60 0

Lower crude prices are great for consumers, but disastrous for oil industry workers.

Halliburton (HAL) employees are the latest to feel the pain. The company said Monday that it has cut 9,000 jobs over the past two quarters as crashing energy prices have forced it to scale back drilling operations.

Also read: London Refuses Uber License to Operate, Says Firm ‘Not Fit and Proper’

Read more

To category page

Loading...