Hey Guys, I thought Donald was pulling the work back Stateside ?
Layoffs all U.S.
What about Singapore, U.K. Europe ?
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Oil Glut May Overwhelm Global Storage Tanks Within Weeks.
Oil slides below $20 a barrel after IEA warns of worst-drop in demand this year due to pandemic.
Oil prices fell on Tuesday as the market's focus returned to weak demand. Investors no longer seem enthusiastic about OPEC's decision to reduce supply and prop up prices.
Easy to layoff US based employees. Most of Europe and especially UK have strong employee rights. This makes it cheaper to dispose of workers in their own country.