Halliburton Lays off 9,000 Workers in Six Months

Mining.com reported that Halliburton (NYSE:HAL) has laid off nine thousand workers over the last six months due to a slump in the oil market.

As quoted in the market news,

Within its first quarter, Halliburton said earnings per share were a net loss of $643 million, or 76 cents a share. A year ago the company did $622M or 73 cents a share. Revenue was $7.1 billion compared to $7.3 billion one year ago.

Halliburton was up 2.05% for the day to $47.85 per share. The 52-week range is $37.21 to $74.33.

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