When the company has to go into debt (e.g. bonds) and sell assets (e.g. pipeline) just to make its dividend payment(s); layoffs and cuts to benefits are coming in a big way. Hang into your hats, as the US expats are on a high speed exodus out the back door.
Exactly what @qfz+17XZqR3K said. It might not happen this year, but it's coming. Everybody should be prepared.
It seems no more expat layoffs in the next quarter. Keep your fingers crossed
Wow! We haven't heard that before.
No more hope. The oil industry is going down the drain, an outdated stuff.
Layoffs at the company happen in steady streams that are always secretive, but major decisions are usually made each quarter (or that is how information is leaked out).
Seems like we hear that rumor at least once every quarter.
Large scale layoffs are to occur in the 1st QTR 2021.