Royal Dutch Shell announced on Wednesday that it is planning to cut between 7,000 and 9,000 jobs worldwide by the end of 2022 as a result of a collapse in demand for oil and the subsequent dip in oil prices amidst the coronavirus pandemic.
A Louisiana steel mill unexpectedly said it is laying off 376 employees and shutting down its factory as the governor suggested tariffs may have played a role in the closure.
The last thing we want hear is that more people in Acadiana could be losing their jobs, but unfortunately that's what it looks like. According to KATC, LGMC announced today that they are having to cutback, and it could affect as many as 70 employees.
Iberia Parish Sheriff Louis Ackal says the jail will remain staffed as is mandated by the state, and the patrol division will be fully staffed to provide law enforcement in city and Iberia Parish.
Some of the lowest gas prices in years continue to take a toll on Louisina's oil and gas industry. Several companies have announced possible layoffs in the coming months.
An undisclosed number of employees were laid off on Tuesday at Evangeline Downs Racetrack and Casino in Opelousas. Reports are that 68 employees were let go and that number could be 200 by the end of the week.