- Hercules Offshore (HERO -6%) is laying off more than 300 employees by year's end due to the anticipated closure of four rigs in the Gulf of Mexico, the company told the Texas Workforce Commission today.
- As of Dec. 31, HERO's workforce totaled ~2,200; all of the employees to be released work on offshore rigs in the Gulf, disembarking for travel to the rigs from the company's docks in Louisiana and Texas.
Hercules Offshore tips big layoffs as soft market forces rig stacking
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