Baker Hughes layoff hits home for Mineral Wells with 110 jobs lost

The Baker Hughes Inc. layoffs have hit North Texas as the Houston-based oilfield service company has cut 110 jobs in Mineral Wells.

The announcement came from a Worker Adjustment and Retraining Notice letter released Monday. The layoffs were effective Feb. 5.

Baker Hughes (NYSE: BHI) will layoff 7,000 workers worldwide as it deals with slumping oil prices and completes its $35 billion acquisition of Houston-based Halliburton Co. (NYSE: HAL).

These companies employ the workers who man the drilling…