Shale

NCS Multistage lays off 80 workers amid market slump

Services company also cuts pay, implements furloughs to cut costs

Weak market: frack equipment maker NCS Multistage lays off staff as rigs are idled in main US shale basins
Weak market: frack equipment maker NCS Multistage lays off staff as rigs are idled in main US shale basinsPhoto: AP/SCANPIX/
Houston
NCS MultistageUSANCSPatterson-UTICanada
Published 2 April 2020, 21:39Updated 2 April 2020, 21:39