Location: Houston, Texas, USA.
Based on news reporting.
Halliburton Company has announced a reduction in its workforce due to a significant decline in oil activity. The layoffs, which affect approximately 350 employees, are part of the company's efforts to adapt to the current market conditions. This decision comes as the oil and gas industry faces challenges, leading to a reevaluation of operational strategies. The affected employees are primarily based in Houston, Texas, where Halliburton is headquartered. The company aims to streamline its operations in response to the ongoing downturn in oil demand.
Halliburton Company cut 350 jobs as of October 1, 2023.
That is roughly 0.7% of the 48,000 people Halliburton Company employs.
LayoffTalk has tracked 5 layoff events at Halliburton Company since October 2023, affecting a combined 3,850 employees.
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