Oil-field lodging company slashes jobs, curbs spending
Houston oil-field lodgings company Civeo Corp. said it has slashed its workforce in the United States by 45 percent and in Canada by 30 percent as it prepares for weaker occupancy rates at its...
View ArticleFewer workers expected at the oil patch next year, lodging firm says
An oil field lodging company’s job cuts in North America is the latest harbinger of a downturn and a dwindling number of inhabitants in Texas and North Dakota’s oil patches.
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