General Electric (GE) leads round of Texas oil layoffs with 330 jobs cut

Industrial conglomerate GE notified state regulators last week it will lay off 330 employees in the East Texas manufacturing operations it acquired from oil-field pump maker Lufkin Industries.

 

GE said it is cutting 45 percent of the manufacturing, sales, engineering and other jobs at its Buck Creek plant starting in late March. The layoffs are expected to be complete by April 30.

Quelle: (fuelfix.com): GE leads round of Texas oil layoffs with 330 jobs cut