DENVER (Reuters) – Top U.S. hydraulic fracturing provider Halliburton (NYSE:) this week said it would cut 178 employees in Colorado, according to a state filing.
The layoffs are concentrated in Mesa county in Western Colorado, according to a notice with Colorado’s Department of Labor and Employment.
Earlier this year, Halliburton said it had cut its North American workforce by 8% as reduced customer spending prompted a slowdown in hydraulic fracturing activity.
The company did not immediately respond to a request for comment.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.