Halliburton Co. announced it would cut 1,000 jobs amid falling oil prices.
The layoffs will take place in Europe, Asia, Africa, the Middle East and Australia. No jobs in the Americas would be affected by the cuts.
The company employs 80,000 workers in 80 countries.
“Our talented workforce is the foundation of everything we accomplish, and we place the highest value on the commitment and hard work that our employees dedicate to building our company,” said Halliburton spokeswoman Emily Mir in a release. “Yet, we believe these job eliminations are necessary in order to work through the market environment.”
Chosen excerpts by Job Market Monitor. Read the whole story at Tyler Morning Telegraph – Halliburton cuts 1,000 jobs worldwide.