My husband was laid off after 20 years!!
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Husband just got cut after almost 5 years. Worked the west Texas area.
Cuts will happen big time in 2015, I have seen a lot and nothing can suprise me any more. Management needs to make adjustments, they have to cut costs and we should not surprised if we see large layoffs in 2015. Number of wells that are profitable will keep dropping and this will affect everyone, from vendors, workers, maintenance, services we buying, everyone.
h and p drilling company layoffs - this is certain, the number of wells that make money is dropping and we'll see cuts very soon
How reliable is your information?