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More oilpatch layoffs: Devon Energy cuts 200 jobs in Alberta

2015-10-29 20:03:03| Energy - Topix.net

Devon's Jackfish complex in Alberta reached the 100-million-barrel milestone of cumulative production in early 2015, but now the company says it is scaling back capital investments in Canada. Devon Energy says it has cut 15 per cent of its Canadian workforce as the company responds to lower capital spending plans.

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Halliburton cuts more jobs as fracking hit worst in oil downturn

2015-10-19 23:55:27| Energy - Topix.net

Halliburton cut another 2,000 jobs in the past month as the worst oil market slump in decades saps demand for work at the world's largest provider of fracking services. The Houston-based company said the first quarter of next year may represent the lowest point for its North American profit margin as customers start fresh with new spending budgets for 2016 and tap Halliburton's pressure-pumping expertise to start new wells.

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Halliburton cuts more jobs as fracking hit worst in oil downturn

2015-10-19 23:36:27| Oil & Gas - Topix.net

Halliburton cut another 2,000 jobs in the past month as the worst oil market slump in decades saps demand for work at the world's largest provider of fracking services. The Houston-based company said the first quarter of next year may represent the lowest point for its North American profit margin as customers start fresh with new spending budgets for 2016 and tap Halliburton's pressure-pumping expertise to start new wells.

Tags: jobs hit oil worst

 

Wal-Mart cuts 450 jobs to become more "nimble"

2015-10-07 11:58:00| Daily apparel & textile news and comment - from just-style.com

US retail behemoth Wal-Mart Stores has cut around 450 jobs at its head office in Bentonville, Arkansas, in a bid to become more "nimble".

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Neiman Marcus cuts 500 jobs in investment move

2015-10-02 16:13:00| Daily apparel & textile news and comment - from just-style.com

Upscale US department store retailer Neiman Marcus has cut around 500 jobs across the group as part of its plans to accelerate investment.

Tags: jobs move investment cuts

 

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