Lufkin Industries : Franchise Herald

Lufkin Industries

Lufkin Industries

GE to Cut 262 more Jobs at its Lufkin Oil Unit, Plunge in Global Oil Prices to Blame

General Electric Co., has announced that it will be cutting 262 more jobs at its Lukin oil unit in Texas, as it struggles with the continued plunge in global oil prices, according to a report from Reuters.

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