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Weatherford layoffs: The 6 things you need to know

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1. Cutting 10,000 jobs Weatherford raised its headcount reduction target to 10,000 positions, up from the 8,000 previously announced, with the bulk of the cuts coming from North America.   2. Closing or consolidating 60 facilities The company is also planning to shut down and consolidate 60 operating facilities across North America by the end of

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