Freeport-McMoRan Oil & Gas, the Houston-based oil and gas arm of Phoenix-based Freeport-McMoRan Inc. (NYSE: FCX), will cut additional Houston jobs this summer.
Once again, the company cited last year’s divestitures as the catalyst for the cuts.
The company notified the Texas Workforce Commission it plans to cut another 25 jobs in Houston during the two-week period beginning Aug. 31. The majority of the affected employees were expected to be placed on a paid leave of absence beginning July 2,…
Freeport-McMoRan Oil & Gas discloses more Houston job cuts syndicated post