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Nabors lays off 3500 amid downturn

Onshore driller Nabors said on Monday it had laid off 12% of its workforce since December as rig activity dropped amid an industry downturn.

Nabors Industries: Driller, led by Anthony Petrello, moves ahead with layoffs
Nabors Industries: Driller, led by Anthony Petrello, moves ahead with layoffs
Published 3 March 2015, 23:31Updated 17 October 2016, 13:10