In your opinion, should the mass layoffs cool down a little now that the Q4 earnings have been announced? The earnings reported 9,000 layoffs.
I know there will probably still be more but I'm wondering if we can expect it to cool down some.
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OPEC only has 1 country that can sustain this price for a while. the rest are going to be hurting soon.
OPEC only has 1 country that can sustain this price for a while. the rest are going to be hurting soon.
It's a matter of headcount relative to loading/revenue. Management WILL hit their numbers no matter whose head has to roll. It's the SLB way.
well OPEC says they have the ability to keep oil prices this low for two years if they need too. So it's not looking good boy's