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TechnipFMC was formed through the merger of FMC Technologies Inc. and French oil-services Technip SA. On January 17, 2017, TechnipFMC announced that it is operating as a unified company after completion of the merger, which created a significant new player in an energy industry wracked by a nearly two-year slump in crude prices.
Technip S.A. was a company that carried out project management, engineering and construction for the energy industry; in 2017 it completed a merger with FMC Technologies to form TechnipFMC. Its headquarters were in the 16th arrondissement of Paris . [ 2 ]
In the weeks since President Donald Trump has assumed office, more than 200,000 federal workers at more than a dozen agencies have had their roles eliminated. The mass culling stems in large part ...
Tens of thousands of United States federal civil service workers have been laid off or fired since the start of the second presidency of Donald Trump.The Trump administration has called this an effort to reduce federal expenditures, shrink the federal payroll, reduce the ability of the government to regulate industry, reduce the role of government in U.S. society, and increase the power of the ...
Layoffs have hit companies from Blue Origin to Meta and Boeing already in 2025 amid a backdrop of cost-cutting and technological change. The list of major companies laying off staff this year ...
Discontent has intensified as the administration moves to lay off thousands of federal workers in an effort to shrink government and cut costs. "We stand firm at a critical moment in history ...
On May 19, 2016, it was announced that FMC Technologies would team up with French Technip to create a new company called TechnipFMC. After the approval of regulatory authorities, TechnipFMC began operating as a unified company in Jan 17, 2017. The all-share deal resulted in a company with a market value of about $13 billion. [9]
HOUSTON (Reuters) -Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on Wednesday as it seeks to cut costs, simplify its business, and complete ...