More oil industry pain: Halliburton slashes 9,000 jobs

April 21, 2015 4:34 AM

53 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: AT&T-Time Warner deal could spur more mergers, scrutiny

Read more

To category page