GE expands job cuts at Lufkin oil unit to 575 from 330 -Bloomberg
March 25, 2015 at 20:14 PM EDT
March 25 (Reuters) - General Electric Co increased planned job cuts in its Lufkin oilfield equipment unit to 575, as it grapples with pressure on the unit from the drop in oil prices, Bloomberg reported. (http://bloom.bg/1Ozj9lF)