GE Cutting Hundreds of Jobs in Texas

GE Cutting Hundreds of Jobs in Texas
GE Oil & Gas cuts hundreds of jobs at facilities in Lufkin, Texas.

GE Oil & Gas is laying off a total of 362 workers in Lufkin, Texas, according to data from the Texas Workforce Commission (TWC). Lufkin Industries, LLC, a part of GE Oil & Gas, is laying off employees at three different facilities.  

Layoffs will be permanent and are expected to be completed by Aug. 5. The three Lufkin facilities – one for power transmission, one for gear repair and a manufacturing plant – are all union sites and affected employees have bumping rights.

GE Oil & Gas spokesperson Lindsey Benton said in an emailed statement to Rigzone that due to the “lower for longer” oil price environment, the company is consolidating its manufacturing operations across Lufkin, resulting in the aforementioned layoffs. She said impacted employees will receive comprehensive benefits to assist them during the transition.

“These are difficult decisions and ones we don’t take lightly, but we have to make the best decisions for the long-term health of our business,” Benton said.



WHAT DO YOU THINK?


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.

Chris Sabulsky  |  June 10, 2016
It appears these large companies always start with the field people. Why don't they start internal ... being so top heavy?


Most Popular Articles