Halliburton Lays Off 1,000 Workers at Houston, TX HQ

In mid-March as the twin blows of the coronavirus pandemic and the Saudis and Russians decided to tank oil prices, Halliburton, the second-largest oilfield services company on the planet, announced it would furlough 3,500 workers for 60 days (see Oil Price War: Halliburton Furloughs 3,500 in Houston). Now comes word the company is laying off an additional 1,000 workers at company headquarters in Houston, Texas.

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