Oilfield services firm ProPetro cuts almost 150 workers: sources

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ProPetro Holding Corp this month cut about 150 workers, people familiar with the matter said on Monday, the latest sign of growing trouble in the ...

REUTERS: ProPetro Holding Corp this month cut about 150 workers, people familiar with the matter said on Monday, the latest sign of growing trouble in the oilfield services sector as U.S. shale producers reduce drilling.

The layoffs represent a roughly 9.5per cent reduction in staff, based on the company's latest annual filing.

 

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