nothing has happened in a while, if we're here we're probably safe right? Layoffs are over
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Still laying off in my location.
Hmm, re-hiring where I'm at.
fcuk noooo ...
check the news and get real - over-supply does not disappear over-night. Your world is about to change massively.
Layoffs won't be done for a while. Everyday contains extreme uncertainty right now and this means financial cuts to keep investors moderately happy. As all of us that have been in the oilfield for any real time knows, labor cuts are the quickest way to inflate the bottom line. This is a requirement of the market.
"No need to worry"? yeah, pay no attention to the man behind the curtain.
Yup, no need to worry. 😜