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Exclusive: Natural gas driller lays off employees

Paul J. Gough
Exclusive: Natural gas driller lays off employees

Range Resources Corp., one of the largest natural gas production companies in the region, on Tuesday laid off about 40 employees. The layoffs were spread between Range Resources (NYSE: RRC) offices in Pennsylvania and Texas. Fort Worth, Texas-based Range confirmed the workforce cuts, and told the Business Times that it was due to the multiyear low prices for natural gas.