Halliburton plans more layoffs, now targeting management
Oil field services giant Halliburton is planning more cuts to its workforce, including management positions in North America where the crude slump has been particularly brutal, on top of thousands of layoffs already announced this year.
In an internal memo from the company that was posted on the website of an Austin-based consultant, Halliburton laid out a plan to “flatten” its North American business by eliminating multiple layers of management — a decision that will undoubtedly affect Houston-area employees where the company is headquartered. Halliburton also said it will pursue additional cuts to its headcount as oil patch activity continues to falter.
“These actions are the result of significant deliberations and I realize how difficult these measures are for all of us whether they affect you directly or indirectly,” the memo stated. “While it doesn’t make it any easier, the company is not alone in taking these actions as similar actions are being taken throughout the entire oil and gas industry — service providers and operators alike.”
The planned layoffs add to a growing list of energy job losses that have started to fan out from the oil field to corporate offices around the globe. Worldwide, nearly 179,000 workers have lost their jobs in the downturn, according to data collected by energy recruiter Swift Worldwide Resources.
Read more: http://fuelfix.com/blog/2015/09/23/halliburton-planning-more-layoffs-targeting-management-in-north-america/#33445101=0
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