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.

Related Categories :

Job Cuts / Downsize / Layoff   

More    Job Cuts / Downsize / Layoff News

Gulf Coast News >>>

Gulf Coast - South Texas News >>>