Why is Halliburton laying off employees?
Why is Halliburton laying off employees?
22, 2020 8:41 a.m. Halliburton will lay off 216 employees in North Texas as the coronavirus pandemic continues to depress demand for oil-field services and equipment. Halliburton will lay off 216 employees in North Texas as the coronavirus pandemic continues to depress demand for oil-field services and equipment.
Did Halliburton shut down?
HOUSTON (AP) — Oilfield services giant Halliburton has closed down two sites in Texas and laid off 240 employees in Oklahoma in response to reduced customer activity due to plummeting oil prices. Halliburton closed its Elmendorf facility and is relocating operations to field camps in southern Texas.
How many employees does Halliburton have?
40,000
Interactive chart of Halliburton (HAL) annual worldwide employee count from 2010 to 2022. Halliburton total number of employees in 2021 was 40,000, a 0% decline from 2020. Halliburton total number of employees in 2020 was 40,000, a 27.27% decline from 2019.
How many people is Halliburton laying off?
Halliburton cut 15,000 jobs in 2020. Houston-based oil field services giant Halliburton Co. (NYSE: HAL) shed around 15,000 employees during 2020.
Who are the owners of Halliburton?
Jeff Miller was promoted to President of Halliburton on August 1, 2014, and CEO on June 1, 2017, replacing Dave Lesar….Halliburton.
| Type | Public |
|---|---|
| Founder | Erle P. Halliburton |
| Headquarters | Houston, Texas and Dubai, UAE |
| Area served | Worldwide |
| Key people | Jeff Miller (President, CEO and Chairman of the Board) |
Is Baker Hughes laying off?
Baker Hughes has shed thousands of jobs in response to the downturn, cutting headcount by 15% so far this year. New documents published online show the oilfield services giant made the reduction as of the end of the third quarter and closed more than 200 locations worldwide.
Is Halliburton a good company to work for?
83% of employees at Halliburton say it is a great place to work compared to 57% of employees at a typical U.S.-based company. Source: Great Place to Work® 2021 Global Employee Engagement Study.
What do Halliburton jobs pay?
The average estimated annual salary, including base and bonus, at Halliburton is $140,983, or $67 per hour, while the estimated median salary is $122,293, or $58 per hour. At Halliburton, the highest paid job is a Director of Sales at $227,151 annually and the lowest is a CS Rep at $42,471 annually.
What is Halliburton CEO salary?
$22.1 million
CEO Jeffrey Allen Miller was paid 293 times the median annual total compensation of $76,266, the company reported in a mandated proxy statement. Miller was the third-highest paid oil and gas executive in 2020, raking in a total adjusted compensation of $22.1 million — a nearly 75% increase over his 2019 package.
