Houston-based Halliburton Co. (NYSE: HAL) is cutting its Rocky Mountains workforce.
The oil field services company is seeing reduced activity in its Rockies customers, so 650 people in Colorado, Wyoming, New Mexico and North Dakota were affected. However, the company is offering the majority of them the option to move to other operating areas where it’s expecting higher demand, according to a company statement.
“Making this decision was not easy, nor taken lightly, but unfortunately it was necessary…
Source: The Business Journal
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