Posted on 02/25/2016 12:20:58 PM PST by Red in Blue PA
(Reuters) - Oilfield services provider Halliburton Co (HAL.N), pressured by a prolonged slump in crude oil prices, will further slash its workforce by about 8 percent, or by 5,000 jobs, company spokeswoman Emily Mir told Reuters on Thursday.
The more than 70 percent fall in global crude prices since mid-2014 has led to a series of job cuts and additional cost-cutting efforts from several companies including the world's largest oilfield services provider, Schlumberger Ltd (SLB.N).
(Excerpt) Read more at finance.yahoo.com ...
Oil jobs being lost -Bad.
Manufacturing jobs being lost -Good.
“Movement Conservatives” are a confusing lot.
The liberals should be thrilled at this news. Halliburton is evil because of Dick Cheney. Now Halliburton lays off big numbers. How heartless and cruel is Dick Cheney and how did he have a heart transplant; Dick Cheney had no heart in the first place.........
The fact that Cheney is no longer with Halliburton won’t matter to the liberals when they get hold of this news......
5000+ more votes for the Republicans...................
What do you want to be the is still getting a paycheck? Yeah!
That's right, this year the mandate applies to 50 or more employees and $2000 per employee under the 95% rule. A ton of bricks just hit employers.
And oh, by the way, the penalty is now $695 or 2.5% OF INCOME WHICHEVER IS GREATER per adult. Many will be KNUCKLED UNDER OR LAID OFF BY OBAMACARE.
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