Freeport-McMoRan Oil & Gas cuts more Houston jobs, citing divestitures

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The Houston-based oil and gas arm of Phoenix-based Freeport-McMoRan Inc. (NYSE: FCX) plans to cut some more local jobs. Freeport-McMoRan Oil & Gas notified the Texas Workforce Commission that it plans to cut another 24 jobs in Houston during the two-week period beginning June 5. This is the company’s third Worker Adjustment and Retraining Notification Act letter to cite its recent divestiture as the cause of the Houston job cuts. “We have carefully reviewed our operations at Freeport-McMoRan…


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