
Royal Dutch Shell Oil to Layoff 2,800 More Workers
Royal Dutch Shell has announced it will layoff 2,800 more workers.

Royal Dutch Shell has announced it will layoff 2,800 more workers.

The continuing weakness in the oil and gas sector has caused the ax to fall on another energy giant. Chevron announced they will lay off 1,500 employees worldwide. Nearly one thousand of those oil bust job losses will come directly from Houston.

The Export-Import Bank generates headlines because, after more than three-quarters of a century, it is about to go away. But it won’t go away if Democrat presidential candidate Hillary Clinton, and Republican Senator Lindsey Graham, can do something about it.

HOUSTON, Texas – Nine thousand workers are set to be laid off by Texas-based oil giant Schlumberger. The oil tool services company said it must fire 9,000 workers because of plummeting crude oil prices and a slow-down in 2015 production and exploration. The employee reduction comprises about 7.5 percent of the company’s 120,000 global labor force.