Freeport-McMoRan Oil & Gas discloses another round of divestiture-related job cuts

The Houston-based oil and gas arm of Phoenix-based Freeport-McMoRan Inc. (NYSE: FCX) has disclosed another round of job cuts.

Freeport-McMoRan Oil & Gas recently notified the Texas Workforce Commission that it plans to cut another 25 jobs in Houston during the two-week period beginning June 30. The majority of the affected employees were expected to be placed on a paid leave of absence beginning May 1, according to a letter sent to employees.

This is at least the company’s fourth Worker Adjustment…

Freeport-McMoRan Oil & Gas discloses another round of divestiture-related job cuts syndicated post

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