Any predictions on when the next round of layoffs will be?
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UK Pressure Pumping... Decimated end Sep. no work, no prospect, bad management. cuts cuts cuts
Last week of September.
Last week of September.
End of Q3, watch for it as the fat cats cut payroll spend to inflate earnings before the bonus calc starts
The Federal Reserve is poised for an interest rate hike in September which will make the price of oil tumble. Layoffs will follow. See: thestreet.com
Copper and crude carnage continues. See article at
Zerohedge.com. price of oil is going down which will bring layoffs sooner than expected.
Anytime.....They flow with the drops in oil prices. Any phone call or request for meeting can be from HR about to drop the hammer. Expect to be laid off, regardless of what anyone tells you. No worries though, in a few months, oil will "mysteriously" jump (to the shock of speculators) and service companies will be begging you to come back. It will suddenly be a team sport again......until oil drops again. It's a short term game where the coaches panic and overreact at every negative play. The good coaches will be ready to win because they didn't dump the roster. Everyone else will be struggling to make the playoffs with subpar rookies.