• Job cuts: 9,000

More than 10% of Halliburton's workforce has disappeared due to the crash in oil prices.

The Houston oilfield services company laid off at least 9,000 employees during the last two quarters amid the plunge in drilling activity.

Last month Halliburton (HAL) warned that further job cuts are likely during the second quarter.

The good news for oil workers is crude prices have bounced back significantly in recent weeks. Oil is currently trading at nearly $59, up 37% since the March lows. That's led some observers to predict the worst may be over in terms of oil layoffs.

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