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Halliburton Lays Off 650 Employees

Houston oilfield service company Halliburton laid off 650 employees in four western states from New Mexico to North Dakota as demand for drilling and hydraulic fracturing services remains week amid lackluster oil prices.

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Halliburton filed a notice this week with the Colorado Department of Labor and Employment, reporting that the company laid off 178 workers from its Grand Junction, Colo. office. Halliburton officials later confirmed that the Grand Junction layoffs were among 650 jobs cut in Colorado, New Mexico, North Dakota and Wyoming.

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