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Weatherford cutting more jobs and facilities in 2015
Weatherford plans to cut 1000 more jobs and close 30 facilities this year after trimming 10,000 workers earlier. CEO Bernard Duroc-Danner says market conditions will stay weak with modest North America and select international activity rises not material, while Baker Hughes and rivals warn of slow recovery amid oversupply. Local layoffs metrics unsure. Weatherford previously employed about 1100 in Odessa area.
MENTIONED IN THIS ARTICLE
Weatherford
North America
Permian
Bernard J. Duroc-Danner
Odessa Chamber of Commerce
Baker Hughes
Schlumberger
Halliburton
Dave Lesar
U.S
America
Paul Kibsgaard
Simon Ayat
Martin Craighead
Canada
Susie McMichael
Lesar
Jeff Miller