Halliburton cuts 8% of North American jobs as fracking slackens

Business Jul 23, 2019

Halliburton cuts 8% of North American jobs as fracking slackens

Halliburton Co. is shifting strategy in its largest region to deal with subdued customer spending by trimming 8 percent of its North American workforce and shelving unused frack gear. The world's biggest provider of fracking equipment, including heavy duty rock-blasting pumps and sand-storage silos, declined ...