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Polarcus Cuts Jobs and Executive Salaries
2020-06-22 15:22:11| OGI
Polarcus Ltd. has revealed on June 22 it will cut its workforce by 20% and senior-level salaries by 10% to help navigate the market uncertainty caused by the combined impact of the COVID-19 pandemic and oil price volatility.
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executive
cuts
salaries
Renault cuts 15,000 jobs in major restructuring
2020-05-29 08:59:53| BBC News | Business | UK Edition
The French carmaker announces a 2bn cost-cutting plan after seeing a collapse in sales.
Worely Cuts 3,000 Jobs Amid COVID-19, Oil Crisis
2020-04-28 15:29:52| OGI
Energy services provider Worley has reduced its workforce by 3,000 people in response to the current economic circumstances, the company said in a press release on April 28.
Halliburton Cuts More US Jobs as Oil Bust Deepens
2020-04-06 23:00:00| OGI
Oilfield services firm Halliburton on April 6 was cutting about 350 employees in Oklahoma, according to a filing with the state, amid a deepening oil bust.
Huawei cuts jobs at US unit after trade clampdown
2019-07-23 08:24:41| BBC News | Business | UK Edition
The job losses at the Chinese firm's research arm come after Huawei was added to a US trade blacklist.
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