Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Job Cuts / Downsize / Layoff

Noble Energy Furloughs 30% of Workforce; Adopts Part Time Schedules

emailEmail    |    printPrint    |    bookmarkBookmark
   |    Wednesday,April 01,2020

Noble Energy Inc. has initiated changes to its workforce and employee schedules in response to the market uncertainty, according to a report by the Denver Business Journal.

The company has furloughed ~30% of its employees to "part time status." With a current workforce of approximately 2,280 people (as of year-end 2019), ~685 people will be affected by the changes.

Noble did note that the changes are only temporary and will last for three to six months.

US Frac Crews Tracking


Related Categories :

Job Cuts / Downsize / Layoff   

More    Job Cuts / Downsize / Layoff News

DJ Basin News >>>

Gulf Coast News >>>