Baker-Hughes Announces More Layoffs - KWES NewsWest 9 / Midland, Odessa, Big Spring, TX: newswest9.com |

Baker-Hughes Announces More Layoffs

Staff Report
NewsWest 9

Oil field service company Baker-Hughes is cutting more jobs.

The company announced this past weekend it was eliminating 1,500 jobs, about four percent of their global workforce.

Baker-Hughes officials tell NewsWest 9, they did not know yet if any of those cuts would be in the Permian Basin.

Low oil prices have forced many drillers to scale back causing a slowdown for oil field service companies.

Powered by Frankly