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Weir Group sheds 400 jobs as falling oil and commodity prices take toll - Telegraph.co.uk
Telegraph.co.uk | Weir Group sheds 400 jobs as falling oil and commodity prices take toll Telegraph.co.uk Weir's oil and gas division had a particularly bad time in the third quarter, with orders tumbling 58pc yea-on-year, mostly because of tough trading in North America, where 140 jobs were cut. Headcount in the region has fallen by 37pc in the last 12 ... UPDATE 1-Weir Group expects revenue recovery as oil firms replace parts Weir and Hunting reflect oil trouble Weir Group to cut 400 more jobs as oil downturn bites |
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