Halliburton Announces Layoffs Due to Declining Oil Activity
SOURCENews reportView the filing ↗
What we know
Location: Houston, Texas, USA.
Based on news reporting.
Summary
Halliburton Company has announced layoffs affecting approximately 500 employees in response to declining oil activity. The layoffs are part of a broader trend in the oil industry, which has been facing challenges due to reduced demand and market fluctuations. The company is taking these measures to streamline operations and adapt to the changing economic landscape. The layoffs are expected to impact various roles within the organization, primarily in its Houston headquarters. This decision reflects Halliburton's ongoing efforts to maintain financial stability amid uncertain market conditions.
LayoffTalk has tracked 5 layoff events at Halliburton Company since September 2025, with 5 additional events known from news reporting.
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