No Energy Recovery In Sight: Freeport Fires 25% Of Its Oil And Gas Workers

by Tyler Durden
ZeroHedge.com
04/26/2016

FCX is taking immediate steps to reduce oil and gas costs further. In April 2016, FCX announced a new management structure and is instituting an approximate 25 percent oil and gas workforce reduction. The newly structured oil and gas management team is actively engaged in managing costs and developing plans to preserve and enhance asset values.

The Rest…HERE

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