Royal Dutch Shell plc’s global workforce by the end of 2022 is expected to have up to 9,000 fewer people, including 1,500 taking voluntary retirement this year, the energy major said in a third quarter update. Post-tax impairments in the 3Q2020 update were estimated at $1-1.5 billion. The preliminary report indicated that Shell expects to…
Articles from Layoffs
Halliburton Co. has confirmed it is closing a facility in El Reno, OK, and laying off close to 800 people as it consolidates its Midcontinent operations on slowing activity.
West Texas explorer Approach Resources Inc. has realigned its executive team, including replacing Chairman and CEO J. Ross Craft.
Devon Energy Corp. on Tuesday confirmed it will reduce corporate-wide staff by about 9%, or about 300 people, as part of a commitment to streamline the business and improve returns.
U.S. Steel Corp. is laying off up to 770 people and idling plants in Texas and Alabama that make tubular pipe products for the energy industry.
Schlumberger Ltd., the world’s largest oilfield services operator, plans to reduce its workforce even more on the expectation for less activity in 2016, the president of operations said Tuesday.
Since the sale of $9 billion in assets, massive layoffs throughout the company and a debt burden that shook it to its knees, Williams is on the mend, reporting Thursday that it not only beat Wall Street’s earnings forecast, but also raised its full-year 2004 guidance on near-record margins in its natural gas liquids (NGL) processing business.