April 7, 2020
Source: Reuters

Halliburton lays off 350 employees in Oklahoma

Oilfield services major, Halliburton yesterday informed about cutting about 350 jobs in Oklahoma and that its executives would reduce their salaries amid a deepening oil price rout. Spokeswoman Emily Mir said, “This was a difficult decision, but is necessary action as we face challenging market conditions,”. In a filing to the state, Halliburton said that permanent job cuts could begin this week at its Duncan, Oklahoma, facility.

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