Williams to Cut Its Trading Staff
- Share via
Bloomberg News
Williams Cos. said it would cut 16% of its energy marketing and trading work force next week because of a decline in that business.
The company has about 800 trading and marketing employees in Houston and its headquarters in Tulsa, Okla., and fewer than 100 are traders, the company said. It also fired 11 traders, or 13% of its trading staff, in London.
Shares of Williams fell 22 cents to $7.13 on the NYSE.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
