Halliburton job cut numbers surface, Houston at the center – HBJ

Halliburton Co. (NYSE: HAL) job cuts could amount to roughly 20,000 worldwide once finalized, and many will be in Houston, sources familiar with the matter say.Halliburton has terminated almost 16,000 positions globally, or approximately 19 percent of its workforce, since its peak in 2014, spokesperson Emily Mir said in a statement to the Houston Business Journal.

The company has announced to its employees that it will make further workforce reductions, primarily in North America, the statement said.”The company will continue to monitor the business environment and will continue to adjust the size of our workforce to align with current business demands as needed. We are committed to ensuring that our separated employees are treated with dignity and respect,” Mir said in the statement.

Source: Halliburton Co. job cut numbers surface, Houston at the center – Houston Business Journal

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