HALLIBURTON has confirmed it is set to “significantly reduce” its workforce in the coming weeks.
An email has been sent to the firm’s employees confirming them of the move.
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It comes as the company adjust to the oil price drop and the Covid-19 outbreak.
The document was circulated to the firm’s UK workforce, among other regions, which includes hundreds within the Aberdeen area.
Halliburton’s UK headquarters are in the city, while it also has operating bases in Montrose and Angus.
A Halliburton spokeswoman said: “Halliburton confirms we are significantly reducing our workforce. This was a difficult decision, but is a necessary action as we work to successfully adapt to challenging market conditions.
As we make workforce reductions, we are taking numerous other actions to reduce our costs, including reducing the salaries of the Halliburton Executive Committee.”
She refused to reveal how many jobs were going to be lost saying “we are not providing numbers of those impacted.”
It comes after the oilfield services firm decided to furlough 3,500 employees in the US last month.