HOUSTON – Anadarko Petroleum Corp. said it is cutting about 1,000 jobs, or roughly 17% of its workforce, according to FuelFix.
According to the report, Anadarko spokesman John Christiansen told FuelFix the laid off workers will be streaming from its US headquarters in The Woodlands, Texas, and other offices across the company, on Thursday.
Last month company executives announced it would reduce its capital spending by half this year amid low oil prices and evaluate its staffing needs as it reduces activity.
“We’ve been very carefully evaluating what our staffing levels should be, given the downcycle,” Christiansen was quoted to have said Thursday. “These are our co-workers and friends, so this has been a difficult day.”
Since the downturn began, Houston consultancy Graves & Co. reports than more than 320,000 jobs worldwide have been cut.
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