Forbes Magazine states that on Thursday morning came news that oil services company Apache Corp. will lay off about 250 people, or 5% of its workforce.
Later in the day came worse news: oil services giant Schlumberger said it was in the process of slashing 9,000 workers worldwide.
These are only the latest hits to an oil industry already staggering under $50 oil. So far there’s been at least 24,000 cuts announced in North America alone by the likes of Shell, Pemex, Halliburton, and Suncor, and they will likely only get worse.
Here’s a list of layoffs by oil (or oil-related) companies compiled by Forbes so far:
Petroleos Mexicanos (Pemex): 10,000 workers (in Mexico).
Halliburton: 1,000+ workers (Eastern hemisphere).
Suncor: 1,000 workers (Canadian oil sands).
Ensign Energy Services: 700 workers (in California).
U.S. Steel: 700 workers. (Cleveland and Houston).
BP : “hundreds” of workers.
Schlumberger SLB: 9,000 workers.
Tenaris : 300 workers (Mississippi).
Hercules Offshore : 300 workers.
Shell: 300 workers (Canadian oilsands).
Apache Corp.: 250 workers.
OFS Energy: 150 workers.
EOG Resources EOG: 150 workers (Canada).
Enbridge : 100 workers.
OK, Fine. 