![Frank’s International in Lafayette Layoff Small Percentage of Employees](http://townsquare.media/site/33/files/2019/11/Franks-International.png?w=980&q=75)
Frank’s International in Lafayette Layoff Small Percentage of Employees
It's always sad to hear of folks losing their jobs. Frank's International has reported it has laid off a few employees at its Lafayette location.
According to spokeswoman Alison Greene, there are about 600 employees at that location, and a "small percentage" of them were terminated.
Greene would also say the reason for the layoffs is because of Frank's "company-wide profitability improvement project."
The layoffs are reportedly part of the broader efforts to streamline their organization.
Earlier in November, Frank's reported a ten percent decrease in revenue for the quarter and a net loss of $23.8 million.
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