Energy XXI Gulf Coast says ?implemented additional workforce reductions? [Reuters]
ENERGY XXI GULF COAST (EXXI)
Last energy xxi gulf coast earnings: 11/14 06:00 am
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Source: Reuters
4:45pm EDT June 14 (Reuters) - Energy Xxi Gulf Coast Inc ::Energy XXI Gulf Coast provides operational update.Says ?implemented additional workforce reductions?.Energy XXI Gulf Coast - ?total headcount was reduced by about 18 pct which will result in severance and separation expenses of approximately $2.5 million in q2?.Energy XXI Gulf Coast-will realize total of about $8 million-$8.5 million annualized general,administrative and lease operating expense savings from reduction.Energy XXI Gulf Coast - total headcount was reduced by about 18 pct, will result in severance, separation expenses of about $2.5 million in q2 of this year.
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