We will really strip to the bone!
The goal is to shrink to less than 35,000 employees if the oil price does not pick up to $60/bbl by mid-2017.
It is understandable... if we have no drilling jobs, no pumping, no fracking, how do we get funds to pay the bills ? !
Dave is doing the right thing - painful, but right thing.
HALLIBURTON COMPANY
Condensed Consolidated Balance Sheets
(Millions of dollars)
Current assets:
Cash and equivalents
$ 3,108B 2016 ($3.5B paid to BHI)
$ 10,077B 2015
This is a true #GOLD post
I heard they will cut another 20,000 ppl by the end of 2016
We will really strip to the bone!
The goal is to shrink to less than 35,000 employees if the oil price does not pick up to $60/bbl by mid-2017.
It is understandable... if we have no drilling jobs, no pumping, no fracking, how do we get funds to pay the bills ? !
Dave is doing the right thing - painful, but right thing.