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01
Apr
2015
Carpenter Technology to cut 200 jobs as weak oil prices hurtBy:JOB CUTS Alloys maker Carpenter Technology said on Tuesday that it will cut about 10% of its salaried workforce, or 200 jobs, to reduce costs amid weak oil and gas prices.
The company, which makes corrosion-resistant stainless steel, nickel-base and titanium alloys used in onshore and offshore fields, will also cut about 60 outsourced positions.
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