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Wednesday, March 25, 2015

GE expands job cuts at Lufkin oil unit to 575 from 330 -Bloomberg

... 2013, one of several significant deals the company has struck to boost its presence in oil and gas. However, the Fairfield, Connecticut-based company's oil and gas investments have come under pressure with the steep drop in crude prices. The company ...



via Fairfield Newswire http://www.reuters.com/article/2015/03/26/general-electric-oil-redundancies-idUSL3N0WR62320150326?feedType=RSS&feedName=financialsSector

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