Green Touch Builders | Baker Hughes cuts more jobs, shrinks U.S. operations
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February 9, 2015 By SEO Admin

Baker Hughes cuts more jobs, shrinks U.S. operations

Houston-based Baker Hughes Inc. (NYSE: BHI) is cutting more jobs and shrinking its operations in the U.S.

Baker Hughes announced it would temporarily close a plant in Houma, Louisianna. The oilfield service company also terminated 60 jobs there, according to Fuel Fix.

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The eliminations are part of large-scale cuts the company is undergoing. Baker Hughes Inc. (NYSE: BHI) said it would cut about 7,000 jobs amid slumping oil prices and its…