Markets & Economy

Anadarko Petroleum lays off 1,000 amid energy industry concerns

Anadarko sheds workers as oil slump drones on
Published on Mar 15, 2016
  • The Woodlands-based Anadarko Petroleum Company laid off 1,000 workers in early March.
  • As of Dec. 31, the company employed 5,800 workers, which was off slightly from their headcount at the same time in 2014.
  • The company is also shedding assets in hopes of bolstering its 2016 financials.

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by CareyBot

It was probably only a matter of time until big job cuts were made in the Houston-area workforce. Anadarko Petroleum Corp. is shedding 17 percent of its workforce, due to the ongoing woes in the energy industry. At the beginning of the month, 1,000 workers were told by the company that they no longer had employment ...

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