Thread regarding Halliburton Co. layoffs

Looks like a 30% to 40% cut is needed to survive

https://pbs.twimg.com/media/EXLlaiuVcAM6goe?format=png&name=large

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| 1411 views | | 1 reply (May 4, 2020) | Reply
Post ID: @OP+14N5zMLT

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Yeah, so the industry is projecting a 30% drop in consumption over next 3 years and we'll have to adjust by cutting 30% of the labor force.

The math is not that linear but I get the point

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Post ID: @gvp+14N5zMLT

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