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Houston-based Weatherford International PLC (OTC Pink: WFTLF) has made deep cuts to several parts of its business as oil prices plunge, and the company is now eyeing an exit from public markets.
Weatherford has reduced its capital spending plans for 2…
Read MoreThe company reduced its total employment by more than a third.
Read MoreThe company’s employment was up by more than a third in 2019, compared to the year-prior date.
Read MoreThe headcount won’t remain as high as it is for long — the company has two deals in the works that will push it back down, though not enough to entirely offset the year’s gains.
Read MoreThis is the second year in a row ConocoPhillips has cut its headcount.
Read MoreThe company is planning to cut spending further in 2020.
Read MoreFort Worth-based Pier 1 Imports Inc. released its quarterly earnings on Jan. 6 and announced plans to potentially close up to 450 store locations.
“To reflect the revised store footprint, the company also plans to close certain distribution centers an…
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