Halliburton, one of the world’s largest oilfield services providers, is the latest to announce staff reductions as the U.S. oil industry faces rising costs, falling prices, and heightened volatility. According to sources familiar with the matter, the company has quietly rolled out workforce cuts over the past several weeks, with at least three business divisions losing between 20% and 40% of employees.
Halliburton Layoffs Signal Deeper Strain in Oilfield Services Sector
