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    Baker Hughes to undergo another round of job cuts

    Baker Hughes Inc. sent a letter to the Texas Workforce Commission on October 4 as notification of additional job cuts to its Houston office. 

    In December, the company expects to cut 62 jobs, mostly financial, as part of an ongoing company reorganization. The jobs affected are mostly financial, and include accounting clerks and credit analysts.

    The company is in the process of a reorganization that started early in the year when it announced it would let go of nearly 3,000 employees. Then, in August, the company announced its plans to merge with BJ Services in a $5.5 billion transaction.

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    Mon, Jun 8, 2015

    Baker Hughes Inc. says that the international rig count for May was 1,158, down 44 from the 1,202 counted in April, and down 192 from the 1,350 counted in May 2014. The international offshore rig count for May was 284, down 16 from the 300 counted in April, and down 42 from the 326 counted in May 2014.

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    Fri, May 8, 2015

    Baker Hughes Inc. says that the international rig count for April was 1,202, down 49 from the 1,251 counted in March, and down 147 from the 1,349 counted in April 2014. The international offshore rig count for April was 300, down 16 from the 316 counted in March, and down 29 from the 329 counted in April 2014.

    DW: Industry layoffs contributing to another lost generation?

    Mon, May 4, 2015

    Douglas-Westwood’s May 4 edition of DW Monday comments on how current oil and gas industry layoffs may be leading to another lost generation of workers, reminiscent of the shortage of experienced workers that the industry endured following the oil price downturn of the 1980s.

     

    Baker Hughes suspends well count

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