Halliburton cuts jobs in Texas and Oklahoma
Services
giant Halliburton laid off an unknown number of employees at the
company’s office in Houston and its technology center in Duncan,
Oklahoma Tuesday as oil prices continue to fall.
The company confirmed the lay offs but has not disclosed how many jobs it cut at either office.
An anonymous source close to the company told Oklahoma-based NewsOK that about 12 workers at the Duncan technology center were laid off.
The Texas Workforce Commission has not received any information about the headcount reduction although Halliburton may not be be required to notify regulators, Fuel Fix said.
“While these reductions are difficult, we believe they are necessary to work through this challenging market,” a Halliburton spokesperson said.
The layoffs follow Halliburton’s announcement in December that it would cut 1,000 jobs throughout its eastern hemisphere operations.
The company employees about 6,200 people at its Houston office and about 2,838 people in and around Duncan.
“We continue to monitor the business environment closely and will make adjustments to the cost structure of our business as needed,” Halliburton said.
The Federal Reserve Bank of Dallas estimated that Texas could lose as many as 140,000 jobs if oil prices remain weak.
The company confirmed the lay offs but has not disclosed how many jobs it cut at either office.
An anonymous source close to the company told Oklahoma-based NewsOK that about 12 workers at the Duncan technology center were laid off.
The Texas Workforce Commission has not received any information about the headcount reduction although Halliburton may not be be required to notify regulators, Fuel Fix said.
“While these reductions are difficult, we believe they are necessary to work through this challenging market,” a Halliburton spokesperson said.
The layoffs follow Halliburton’s announcement in December that it would cut 1,000 jobs throughout its eastern hemisphere operations.
The company employees about 6,200 people at its Houston office and about 2,838 people in and around Duncan.
“We continue to monitor the business environment closely and will make adjustments to the cost structure of our business as needed,” Halliburton said.
The Federal Reserve Bank of Dallas estimated that Texas could lose as many as 140,000 jobs if oil prices remain weak.