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Halliburton is cutting jobs at its Bakersfield plant in California, as the US firm scuffles with sinking profits amid a global slowdown in oil and gas activity. In a filing with California authorities, Halliburton said that the layoff plan will have an immediate impact on 70 employees. The company recently laid off 800 employees in Oklahoma, apart from 650 employees across Colorado, Wyoming, New Mexico and North Dakota.
