UK’s Oil And Gas Industry Reels From Job

As many as 120,000 workers will have lost their jobs in Britain’s oil and gas sector by the end of the year, according to the industry’s lobby group.

Oil and Gas UK said that would mean a 25 percent fall in the workforce since mid-2014 when oil prices started declining.The losses include those directly employed and people in the supply chain and providing services.Major oil industry employers in the UK like Royal Dutch Shell, BP and Chevron have all announced substantial job cuts as they reduce costs.

https://oilguru.org/2016/06/12/uks-oil-and-gas-industry-reels-from-job-losses/