GE Oil and Gas is planning to layoff over 250 workers in Louisiana as it prepares to close a facility in the state later this year.
According to the Times-Picayune, GE Oil & Gas will cut 269 jobs when it shuts down its Rapides Parish facility at the end of the year.
According to KATC, the job cuts are expected to begin in early September and continue through December.
The Rapides Parish plant currently employees about 289 sales and services, engineering and manufacturing employees, KATC added.
GE has not disclosed any further details about the plant closure.
GE’s oil and gas segment reported a first quarter 2016 revenue of $3.14 billion, down 18 percent year-over-year.
The oil and gas segment posted a first quarter 2016 profit of $308 million, down from $489 million in the year ago quarter.