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re: Baker Hughes to layoff 7000

Posted on 1/20/15 at 11:16 am to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/20/15 at 11:16 am to
Could be less
Posted by LSURussian
Member since Feb 2005
127260 posts
Posted on 1/20/15 at 11:29 am to
It could be but I'm afraid it's going to be more before oil prices turn around.

This past weekend I read one report which forecast WTI will bottom out in the $20's this summer.
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