Sunday, October 6, 2024
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

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