Halliburton to slash 5,000 more jobs amid oil slump

http://finance.yahoo.com/news/halliburton-slash-5-000-more-193005041.html

Oilfield services provider Halliburton Co (HAL.N), pressured by a prolonged slump in crude oil prices, will further slash its workforce by about 8 percent, or by 5,000 jobs, company spokeswoman Emily Mir told Reuters on Thursday.

The more than 70 percent fall in global crude prices since mid-2014 has led to a series of job cuts and additional cost-cutting efforts from several companies including the world's largest oilfield services provider, Schlumberger Ltd (SLB.N).