Today Baker Hughes started layoffs in various regions. Baker Hughes is eliminating 3,000 jobs. The layoffs, which are effective immediately, represent 5 percent of Baker Hughes workforce.
The layoffs will take place in North America, Europe, Asia, Africa, the Middle East and Australia.
Cannot believe this post had more than 2000 views... What's that, like 4% of the company
Oklahooma Has already had some layoffs.
Nobody knows what the start day is and who will be affected. We have no reports of people actually being laid off, there is a ton of rumors, but no direct claims about headcount reductions
More than 3,000 people working at Baker Hughes Incorporated will be laid off this week as Oil companies cut 2015 budgets in the face of the global slump in crude prices. More job losses are expected in coming weeks.
Company representative showed plus 200 people will be laid off next week only in Huston, but that bad news came very suddenly for families, even with the threat of low oil prices looming overhead for months.