Friday, January 3, 2025
Occidental starting widespread layoffs in Houston and beyond oilandgas360

Occidental starting widespread layoffs in Houston and beyond

Chron   Occidental Petroleum is initiating a broad layoff effort this week that will stretch from Houston to Denver as the Permian Basin’s leading oil producer aims to cut costs in the aftermath of its massive $38 billion acquisition of Anadarko Petroleum last year. Oxy has for months offered voluntary employee buyouts and worked to sell assets around the world