Baker Hughes to Lay Off 110 Workers from North Texas Plant

Oilfield service company Baker Hughes Inc. will lay off 110 workers from a North Texas plant as part of Baker Hughes’ companywide effort to reduce its cost structure.

Last week, the company informed the Texas Workforce Commission it would lay off workers from its facility in Mineral Wells, Texas.

Baker Hughes must reduce its cost structure across the board to maintain its competitive edge in the challenging business environment, Baker Hughes spokesperson Melanie Kania told Rigzone in an email statement.

“The company is making every effort to minimize workforce reductions, and therefore is making the difficult decision to close or consolidate facilities in certain areas,” said Kania. Employees at these locations may be eligible for redeployment.

Baker Hughes will remain focused on its customers as it takes the difficult and necessary steps to reduce costs, and has plans in place to ensure it maintains high quality service levels, Kania noted.

Last month, Baker Hughes and Halliburton said they would lay off thousdands of workers as drilling activity continues to slow due to low oil prices.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Sr. Analyst - Mobile & Application Development
Expertise: IT - Programming & Database|IT - Software Development|Project Management
Location: Houston, TX
Senior Project Manager - Chemicals
Expertise: Project Management
Location: Greenville, SC
Project Manager
Expertise: Environmental Engineer|Project Management
Location: Research Triangle Park (RTP), NC
search for more jobs

Brent Crude Oil : $50.64/BBL 0.62%
Light Crude Oil : $48.04/BBL 1.47%
Natural Gas : $3.01/MMBtu 2.58%
Updated in last 24 hours