Reuters |
Halliburton, Baker Hughes to lay off thousands as oil slumps
Reuters (Reuters) – Oilfield service providers Baker Hughes Inc and Halliburton Co plan to cut thousands of jobs as drilling activity slows further due to a steep fall in crude oil prices. Global oil prices have tumbled almost 60 percent since June, hitting five-year lows as … Baker Hughes to axe 7000 jobs Halliburton profit up but warns on oil price drop Halliburton, Baker Hughes Profit as They Plan for Downturn |