Employees (source annual report - see link below) As of December 31, 2019, we had a total of 763 employees and three subcontractor, consisting of: 675 in engineering and operations; and 91 in finance, strategy and business development... — read more
Layoffs and Furloughs
That's our 2020 summarized. Keep faith.
New Ownership + Downturn = Corporate Layoffs
About 25% of Pacific's corporate staff was let go last week due to the lagging deep-water market and direction of new board. The company still remains strong but will likely operate as a '4 rig' company with 3 remaining stacked until the market... — read more