The Daily Advertiser reported today on another round of layoffs at Stone Energy, confirming that the recent downsizing has affected about 45 workers in Lafayette, New Orleans and Houston.
Stone confirmed to ABiz late last year that it had cut 25 percent of its workforce and was down to about 300 employees.
The Advertiser reported that employees from a variety of levels were laid off, including management, but noted that the company did meet the “mass layoff” benchmark for notifying the Louisiana Workforce Commission.
In total, a Stone spokeswoman told the paper, there have been fewer than 200 layoffs since oil prices began to plunge in mid-2014.
Read the Advertiser story here.