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Halliburton, Baker Hughes to lay off thousands as oil slumps – Reuters


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 …
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