Baker Hughes to shutter Texas office, terminate employees

Houston-based Baker Hughes Inc. (NYSE: BHI) is permanently shutting down its Bryan, Texas, office, located just outside College Station, according to KHOU Channel 11.

Fifty-four employees at the office are expected to be terminated.

In a statement to the city of Bryan, Baker Hughes said it “must reduce its cost structure company wide in order to remain competitive in this challenging business environment.” Employees may be eligible for redeployment.

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