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Oil & Gas Job Losses Top 43% Worldwide

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Global job losses in the oil & gas industry have just topped 350,000, more than 43% of the industry’s total workforce worldwide. By the beginning of this month, the figure was at 351,410 globally with the most severe impact of layoffs focused in the oilfield service sector of the industry, according to a Graves & Co. survey.“The impetus to cut costs has significantly affected those responsible for finding, developing and producing oil and gas”, said Graves & Co. president, John Graves.


http://www.offshorepost.com/oil-gas-job-losses-top-43-worldwide/


this is why the CEO MUST make 100x what a normal worker makes, so if the business fails he doesn't have to work again.

so just make 30 million baht a year for a few years, scream at employees for not working hard, no benefits, no insurance, and then say sorry and retire super rich.

but tell them you are poor, they will never know!!!!

game of the 1%

sounds grave

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