Oil-field lodging company slashes jobs, curbs spending – FuelFix (blog)


FuelFix (blog)
Oilfield lodging company slashes jobs, curbs spending
FuelFix (blog)
HOUSTON – Oilfield lodgings company Civeo Corp. said it has slashed its workforce in the United States by 45 percent and in Canada by 30 percent as it prepares for weaker occupancy rates at its oilfield camps next year. The Houston-based company had …
UPDATE 1-Oilfield ‘man camp’ operator Civeo cuts jobs amid oil slumpReuters
Civeo revenue forecast lags estimate, shares slideReuters UK
Oilsands camp provider cuts third of staff in Canada, signalling slowdown in Financial Post

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