Oilfield services company lays off nearly 150 employees in Texas

STEP Energy Services Holdings Ltd. will lay off a combined 145 employees at its facilities in Floresville and Midland.

The Calgary, Canada-based oilfield services company filed a WARN notice with the Texas Workforce Commission on March 31 stating it will lay off 69 employees at its Floresville location and 76 at the Midland facility.

STEP Energy (TSX: STEP) said the mass layoffs are permanent, with the first round starting April 16 and the second round occurring May 28. The company attributed the…


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