Hunt Oil Laying Off 10 Percent of Workforce

After hearing a rumor that Hunt Oil was laying off some of its people, I called this morning to confirm. The company replied via email:

Hunt Oil Company confirmed today that it has adjusted its corporate workforce by approximately 10 percent to conform to current conditions within the oil and gas industry. “While difficult for the Company and our people, Hunt Oil’s actions are consistent with what the vast majority of other oil and gas companies are doing at this time given the dramatically reduced level of activity within the industry,” said Jeanne Phillips, spokesperson for Hunt Oil Company and Hunt Consolidated, Inc.

No word on how many of those people will come from the Dallas office. In 2014, Forbes said Hunt Consolidated had 2,400 employees.