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EQT Reports Organizational Streamlining; Reduces its Workforce by ~ 23% (196 Positions)

By Criterion Research
September 11, 2019 -

EQT reported it is simplifying the Company from 58 to 15 departments, streamlining management and focusing its organization on processes and function directly aligned with its mission. 

EQT is reducing its workforce by roughly 23%, or 196 positions, representing roughly $50 million of annual general and administrative costs. 


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Entities
EQT Corporation

Categories
Oil and Gas
Upstream

Commodities
Financial

Tags
Layoffs

Countries
United States

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