APA Corporation Lays Off Nearly 15% of Staff in Early 2023
SOURCENews reportView the filing ↗
What we know
Based on news reporting.
Summary
In early 2023, APA Corporation, a US oil company, laid off nearly 15% of its workforce. This decision resulted in approximately 300 employees losing their jobs. The layoffs occurred in January and February as part of the company's efforts to streamline operations amidst challenging market conditions. The specific reasons for the layoffs were not detailed in the article, but they reflect broader trends in the oil industry. APA Corporation's workforce reduction highlights the ongoing adjustments companies are making in response to fluctuating demand and economic pressures.
LayoffTalk has tracked 6 layoff events at APA Corporation since January 2023, with 6 additional events known from news reporting.
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