Thanks for the additional info. What is their total workforce? They seem to only want to tell half of the story. Is that a 15% reduction in their workforce also?
I found on Wikipedia that they employed 13,026 people in 2011. Roughly 7.5 %.
The piece noted contractors
The work force includes lots and lots of contractors. It would seem that the $1 billion cut would directly involve the designers of shelved or delayed future projects.
For projects under contract one wonders if there will be a slowing resulting in a decrease in contractor workers. At 6.8 billion there would seem to be lots of both direct and contract employees to remain