U.S. Well Services Inc.

Texas, USA

Layoff Date:

June 2, 2021

Laid Off Employees:


Laid Off Percent:

Source: Houston Business Journal
A Houston-based supplier of hydraulic fracturing equipment plans to lay off around 170 workers in Texas this summer due to changes within the market and at the company. U.S. Well Services Inc. (Nasdaq: USWS) informed the Texas Workforce Commission of the layoffs on May 24. The company said it is permanently eliminating 108 jobs in Pleasanton, about 40 miles south of San Antonio, and 63 workers in San Angelo, in West Texas, due to declining conditions in the oil and gas market. On the same day it sent the Worker Adjustment and Retraining Notification Act letter to the TWC, the company notified investors that it was selling certain diesel-powered hydraulic fracturing equipment to Alamo Pump Holdings for $21 million as it moves toward electrifying its fleet.
Hiring? Create your free Drafted account
Create you free account to join companies like Better.com and Karat who use Drafted to power their referral hiring.
Create Free Account ->
Join over 7,000 readers to get the scoop on layoffs.
Your weekly briefing about layoffs, shutdowns, and department cuts sent to your inbox every Thursday.
Have a tip about an upcoming layoff?
Leave an anonymous tip or list of departing employees👇
Leave a Tip ->
About the Layoff List
The Layoff List was created in 2019 and is free for the community. Tips reported are left anonymous unless they explicitly ask to be included as a source.
We verify a majority of tips and include independent sources, but for tips that we are unable to verify we separately categorize them as unverified reports to avoid misrepresentations.