You have permission to edit this article. Read employee reviews and ratings on Glassdoor to decide if Halliburton is right for you. 29 Halliburton reviews in El Reno. Oil exploration in North America, which has long been Halliburton’s primary cash cow, has atrophied amid lower crude prices and a global pandemic that sapped energy demand. Halliburton laid off 36 workers at its Broussard facility on April 14 permanently and is closing the office there, according to a letter sent to the Louisiana Workforce Commission under the Worker Adjustment and Retraining Notification Act. Halliburton Energy Services Inc. announced an additional set of layoffs this week, according to a notice sent to the Oklahoma Office of Workforce Development on April 28. ssdl.editorialMetaData = { 'Country' : '', A free inside look at company reviews and salaries posted anonymously by employees. HOUSTON, Texas (KTRK) -- Halliburton announced at least 600 employees will be laid off in Texas and Oklahoma. Augmented Reality mobile application lets you experience the latest technologies from Halliburton Completion Tools in a 3D environment experience. Copyright © 2008–2020, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Former Employee - Heavy Truck Driver, Senior, Current Employee - Electronics Technician, 7 Job Hunting Tips For When Businesses Aren’t Hiring, How to Write a Great Job Application Email, 4 Great Personal Statement Examples for Your CV, 6 Great Jobs You Can Get With the Help of Retraining Courses. Its revenues slipped to $5.9 billion from $6.1 billion from a year earlier. Many things and experiences to learn. Sales of $3 billion were just shy of the $3.1 billion average forecast. Too much overhead with incompetent leaders/bosses. 'Region' : 'United_States', It was not immediately clear how many workers the company still has in Louisiana and did not respond to further comment about its total local workforce. Layoffs. Email notifications are only sent once a day, and only if there are new matching items. Your trust is our top concern, so companies can't alter or remove reviews. Halliburton promised to create 150 jobs in Lafayette at a new $65 million manufacturing facility in 2012. 'company' : '', 'longevity' : 'News', The stock was down 0.4% to $12.20 as of 7:30 a.m. in New York. Jobs; Jobs Tips; 11 Recession-Proof Jobs; How to Get a Job; The Perfect Resume Looks Like This; How to Write A Cover Letter ; 9 Attention-Grabbing Cover Letter Examples; New On Glassdoor; Best Cities for Jobs 2020; Company Reviews. (Bloomberg) -- Halliburton Co. expects the rout in North American shale to peter out after history’s worst crude crash decimated many of its customers. All Rights Reserved. Best Cities for Jobs 2020 NEW! The layoffs impacted its location at 100 E Halliburton, Duncan, OK 73533. Glassdoor will not work properly unless browser cookie support is enabled.Learn how to enable cookies. Messages relating to layoffs at Halliburton Co. are presented below the company info. Customer spending in the U.S. and Canada is contracting for the fourth time in six years and hovering at levels not seen in almost a quarter century, according to Evercore ISI. Halliburton rose 2.1% in early trading after announcing third-quarter results that exceeded expectations. 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I worked at Halliburton full-time for more than 8 years, Great benefits, good team, steady work (while available), good wages, I worked at Halliburton full-time for more than 5 years, Great guys to work with in the field, Freedom to go work in field whenever, Used to get bonus pay for field work, Office is relaxed with good people, Hours are sometimes tough, 10-4 schedule so 10 days could be long depending on work load, Equipment is old and not in best shape, I worked at Halliburton full-time for more than a year. Lots of freedom on the job. 'content_origin' : 'Rigzone Staff', Halliburton said last month it would furlough 3,500 workers in Houston to cope with lower prices. Off-topic, inappropriate or insulting comments will be removed. HOUSTON, Texas (KTRK) -- Halliburton announced at least 600 employees will be laid off in Texas and Oklahoma. Company information: Industry/Area of Activity: Oil Equipment, Services & Distribution Company Stock Ticker: HAL Stock traded at: NYSE Industry Code: 573 About Halliburton Co.: Halliburton Company is a multinational corporation and currently one of the world's … Larger rival Schlumberger warned investors late last week not to expect growth over the final three months of the year and said it’ll be 2022 before overseas drilling picks up. But when the Conoco-Concho transaction was announced at 7 a.m. New York time, Halliburton tumbled as much as 4%. 'audience' : 'News', Your response will be removed from the review – this cannot be undone. Market is very volatile, and you may get laid off. Halliburton lays off dozens of workers in Lafayette, calls it 'difficult' but 'necessary', Acadiana Business Today: Halliburton lays off dozens of workers in Lafayette, calls it 'difficult' but 'necessary'; 'Acadiana To Geaux' event Thursday, Halliburton lays off 800 in Oklahoma, plant closure expected, These oil and gas industry businesses plan to lay off hundreds in Louisiana, including in Broussard, New Iberia, Houma offshore oil and gas business laid off 105 workers amid economic downturn. “The pace of activity declines in the international markets is slowing, while the North America industry structure continues to improve, and activity is stabilizing,” Chief Executive Officer Jeff Miller said in the statement. Good pay, good people, and good training. "This was a difficult decision, but is a necessary action as we work to successfully adapt to challenging market conditions.". Great job experiences, with a diverse group of people, Unusual Work conditions, such as not always having the correct proper PPE. There was a problem saving your notification. Emily Mir, senior director for Global Communications and Marketing with Halliburton, confirmed the layoffs April 30. Halliburton expects the rout in North American shale to peter out after history's worst crude crash decimated many of its customers. Tullow Gets Green Light for $575MM Total Deal, Trucking Provides Rare Boost to Europe Oil Demand, Total Awards Maersk Contract for Three Angola Wells, Asia LNG Price Surge Spurs Interest in Vitol Trades, Deloitte Gives Bleak US Oil Job Prediction. Halliburton laid off hundreds of workers across Texas and Oklahoma in recent weeks as well and closed its facility outside Oklahoma City in December that employed about 800. 'content_type' : 'About the Industry', Published on Apr 30, 2020. 'company_sentiment' : 'Positive', }. 'industry_sector' : 'Upstream', But growth in oilfield work anywhere in the world will be hard to come for an extended period. All comments are subject to editorial review. Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. Copyright © 2020 by The Associated Press. EL RENO, Oklahoma -- Halliburton is laying off more than 800 employees in El Reno, Oklahoma, and says it expects to close its office in the Oklahoma City suburb. Halliburton is one of the world's largest providers of products and services to the energy industry. Halliburton, which is Houston based, has announced the mass layoff of 808 employees and that it will be closing its office in El Reno, an Oklahoma City suburb. "The layoff is expected to be a permanent employment loss," the letter said. Jobs. The San Antonio layoffs represent just a portion of the workforce that Halliburton has furloughed or laid off this year in response to falling crude oil prices. The combination will result in $500 million in cost cuts, much of those from reduced oil and natural gas exploration. The job … Source: Rigzone - Neutral. Experts say if Texas oil doesn’t go above at least $30 a barrel soon there will be more changes, including layoffs. "Unfortunately, Halliburton is making reductions in Lafayette as we adjust our workforce to reduced customer activity," according to the company. Glassdoor has 3,988 Halliburton reviews submitted anonymously by Halliburton employees. A notice filed with the Louisiana Workforce Commission and obtained by news outlets Tuesday says Halliburton permanently closed its facility in … The layoffs are effective immediately, a Halliburton spokesperson confirmed. How Will Offshore GOM Oil Employment Shake Out? All Rights Reserved. Hydraulic fracturing, which blasts water, sand and chemicals underground to release trapped hydrocarbons, could see a slight uptick thanks to the mountain of pre-drilled wells waiting to be completed, Schlumberger executives said. Excluding severance costs and other charges, Halliburton’s 11-cent per-share profit surpassed the 8-cent average estimate of analysts in a Bloomberg survey. Halliburton expects the rout in North American shale to peter out after history's worst crude crash decimated many of its customers. … 'tag' : 'Company_Mergers_Acquisitions_JVs,Analysis_Trends,Onshore,Shale_Unconventional', Halliburton Energy Services in Broussard laid off 36 employees in mid-April. var ssdl = ssdl || {} Halliburton's profits plunged to $75 million in the second quarter, down from $511 million during the same period in 2018.

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