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  1. The oil industry is facing a market slowdown, leading to workforce reductions at companies based in Houston, while OPEC+ raises output amid global uncertainty.

Halliburton laid off workers and closed its local office in Argentina.

1 report, 1 independent Updated Sep 4
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Halliburton laid off workers and closed its local office in Argentina.

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  • ReutersFactbox-Global oil and gas company layoffs in 2024 and 2025 (Reuters) -International oil and gas companies plan to shed more jobs in 2025 after cutting thousands last year as prices remain under pres