Halliburton cuts 178 employees in Colorado: filing

One America News Network Finance 2 months ago

October 9, 2019

DENVER (Reuters) – Top U.S. hydraulic fracturing provider Halliburton this week said it would cut 178 employees in Colorado, according to a state filing.

The layoffs are concentrated in Mesa county in Western Colorado, according to a notice with Colorado’s Department of Labor and Employment.

Earlier this year, Halliburton said it had cut its North American workforce by 8% as reduced customer spending prompted a slowdown in hydraulic fracturing activity.

The company did not immediately respond to a request for comment.

(Reporting by Liz Hampton; Editing by Bernadette Baum)


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