US firm Halliburton to slash 6,400 jobs amid tumbling oil prices
February 11 , 2015
Halliburton is slashing up to 6,400 jobs, amounting to 8% of its total workforce around the world.
The American oilfield services company has cited a “challenging market environment” amid tumbling oil prices. The cuts will be made in all company operations, it said.
Halliburton, the world’s second-biggest oilfield services firm said in a statement that it faced a “difficult reality”.
Oil prices have almost halved since the middle of last year.