Tag: Energy Jobs

Peabody Energy cuts 250 jobs, closes 2 offices, saves $45M

Peabody Energy cuts 250 jobs, closes 2 offices, saves $45M

Peabody Energy grappling with competition from natural gas Peabody Energy Corp. has announced plans to cut 250 corporate and regional employees and close two offices, saving the coal miner as much as $45 million per year as the industry grapples with lower prices and competition from natural gas. St. Louis-based Peabody, the world’s biggest private-sector coal […]

Midland leads Texas with 2.3% unemployment, but energy shedding jobs

Midland leads Texas with 2.3% unemployment, but energy shedding jobs

Texas could lose 125,000 energy jobs in 2015 The most recent jobs data shows the Midland and Odessa area leading Texas employment creation, but storm clouds are on the horizon as the oil and gas sector begins laying off workers because of falling oil prices. According to the Texas Workforce Commission, the Midland Metropolitan Statistical Area […]