Basic Energy Services: Basic Energy Services : warns of nearly 500 job cuts in Texas following bankruptcy

(marketscreener.com) Oilfield services provider Basic Energy Services is warning employees that nearly 500 jobs could be eliminated in Texas, according to a filing with the state's workforce commission, as the company works through Chapter 11 restructuring that includes asset sales. The job cuts are focused throughout Texas, with 135 positions eliminated...https://www.marketscreener.com/quote/stock/BASIC-ENERGY-SERVICES-IN-120796424/news/Basic-Energy-Services-warns-of-nearly-500-job-cuts-in-Texas-following-bankruptcy-36279278/?utm_medium=RSS&utm_content=20210830