Halliburton is a huge supplier of products and services to the energy industry.

The firm has been hit by the intertwined coronavirus and oil price plunge

Chatter about is that the business is requiring mandatory furloughs for around3,500 employees

  • at its its North Belt campus in Houston
  • From 23 March
  • One-week on, one-week off roster for up to 60 days
  • Employees won't be paid on their week off
  • Health care and benefits won't be affected

Like I said, chatter at this stage.

This will be just one example of lay offs right across industry.