Thread regarding Rowan Cos. Inc. layoffs

(Aug 2017) Layoffs due to Drilling Contracts terminated

If you thought it cannot be worse, think twice as layoffs keep piling up...

Rowan lines up more US Gulf layoffs

Jack-up work in shallow water drying up as contracts come to an end

Rig owner Rowan expects to lay off dozens more people in Houston after a contract termination for one of its jack-ups in the US Gulf of Mexico.

In a letter sent to the Texas Workforce Commission earlier this month, Rowan said it was anticipating a "mass layoff" of between 60 and 85 people assigned to work on the jack-up Rowan EXL III.

"This layoff is due to termination of the drilling contract by a customer," Rowan said in the letter,

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