oil field

Oil Field Giant Announces Thousands of Job Cuts, Huge Loss
Oil Field Giant Announces Thousands of Job Cuts, Huge Loss
Oil Field Giant Announces Thousands of Job Cuts, Huge Loss
Houston-based Baker Hughes announced Thursday morning a devastating round of cuts following a $911 million 2nd quarter loss. The loss occurred despite a $3.5 billion payment from Halliburton following a failed merger which fell through in May after the Justice Department intervened because of anti-competitiveness concerns...