DRILLING

Halliburton slashes 4000 amid $US2B purge

OILFIELD services giant Halliburton has axed another 4000 jobs globally during the third quarter as it stays on track to achieve annual "cost synergies" of $US2 billion in preparation for its Baker Hughes takeover.

Halliburton slashes 4000 amid $US2B purge

The cuts bring the total number of job losses across Halliburton to 18,000, or 21% of its global workforce. "We are enthusiastic about and fully committed to closing this compelling transaction, and...

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