
Oilfield services giant Halliburton said Wednesday it’s cutting another 650 U.S. jobs as oil and gas producers have slashed spending amid weak prices and investor demands for stronger financials, Reuters reported.
The latest job cuts, on top of an 8% reduction earlier this year, affect workers across Colorado, Wyoming, New Mexico and North Dakota, spokeswoman Emily Mir told Reuters, Kallanish Energy learns.
Employees affected by the change will be offered a chance to relocate to other regions, she said.
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