Anadarko Petroleum Confirms 1,000 Jobs to be Cut

Anadarko Petroleum Confirms 1,000 Jobs to be Cut

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Sad news comes in the wake of the latest economic oil bust as Anadarko Petroleum Corp. (NYSE: APC) with headquarters based in The Woodlands has confirmed it will cut up to 1,000 jobs according to a confirmed source The Houston Chronicle reported.

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Of Anadarko’s 5,800 employees as of December 31, according to a United States Securities and Exchange Commission filing, a cut of 1,000 jobs would be a little more than 17 percent of their employees.

See more on the story here from The Houston Chronicle and The Houston Business Journal.

 

 

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