Business
Oil Workers Brace For Fresh Layoffs, As Industry Wrestles With ‘Lower For Longer’ Crude Prices
Posted on · Many workers losing their jobs today are expected to leave the Texas oil industry, or retire, before prices recover.
Tag: layoffs
Business
Chevron To Cut Up To 5,500 More Jobs Worldwide
Posted on · The California-based energy company has already slashed 1,500 jobs this year, including 950 in the Houston area.
Houston Matters
Oil Layoffs: Where Are the Jobs Being Lost?
Posted on · With low oil prices, we’ve all heard about the thousands of jobs being lost. But what jobs are they and where were they? We talk with Adam Perdue, an economist at the University of Houston's Institute for Regional Forecasting at the Bauer School of Business and Parker Harvey, senior regional economist with the Houston-Galveston Area […]
Bauer Business Focus
Tobias Read On Layoffs In The Oil And Gas Industry
Posted on · Weak crude oil prices have cost hundreds of thousands of workers their jobs this year, and 2016 is looking like more of the same.
Business
Halliburton Cut 4,000 Jobs In Third Quarter
Posted on · The Houston-based oilfield services giant has let 18,000 employees go since the end of 2014 – more than a fifth of its global workforce.
Business
Home Sales Pick Up In September, Despite Mounting Layoffs
Posted on · Job loss fears hurt the pricier end of Houston’s real estate market, but sales of less-expensive homes more than compensated.
Business
Greater Houston Down 3,700 Construction Jobs Since August 2014
Posted on · Project delays and cancelations tied to low oil prices were a major factor in the layoffs.
News
Caterpillar Latest Manufacturer To Fall Victim To Low Oil Prices
Posted on · The heavy equipment maker plans 10,000-plus layoffs between now and 2018, citing downturns in the mining and energy sectors.
Good, Bad and Ugly
Destination Texas, Imprisoned in China and Free Opera for the Laid Off: The Good, The Bad and The Ugly of Houston News
Posted on · From Texas being the top destination to move to from out of state; to a Houstonian being jailed in China; to free opera subscription renewals for laid-off oil and gas employees: we discuss The Good, The Bad and The Ugly of this week’s news. Our panel of non-experts this week includes: Wayne Ashley, the author […]
Business
Schlumberger To Buy Cameron International In Deal Worth $12.71 Billion
Posted on · The acquisition is likely to mean further layoffs in Houston’s energy services sector.
Good, Bad and Ugly
Campus Carry, Halliburton Layoffs, and Saving Butterflies: The Good, The Bad and The Ugly of Houston News
Posted on · From the legislature taking up another measure that would allow licensed, concealed firearms on Texas college campuses, to 5,000-6,000 layoffs at Halliburton; and from re-imagining Houston’s bus routes to saving the endangered monarch butterfly by planting more milkweed: we discuss The Good, The Bad and The Ugly of this week’s news. Our panel of non-experts […]
Good, Bad and Ugly
Senate Rule Change, HERO Trial, and Oil Layoffs: The Good, The Bad and The Ugly of Houston News
Posted on · From rule changes in the Texas Senate to the beginning of a trial over Houston’s Equal Rights Ordinance, and from layoffs in the oil and gas industry to a temporary stoppage of work to remove bricks from a street in Freedmen’s Town: our panel of non-experts discusses The Good, The Bad and The Ugly of […]