layoffs quietly still taking place, Q2 revenue doesn't look good, have not heard any more iLOA's being offered, just a severance and pat on the back. Be out in 2018 before demand over powers and anyone things about hiring. As one says below, dig in deep.
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Q2 is projected to be worse than Q1
More "adjustments"-- barrel goes from $110 to $50.
No drilling activity. No exploration activity really. Another year I think so dig deep.
3% added layoffs by end of month in USL.
Gray clouds... Expect more iLOA's and cuts
Gray clouds... Expect more iLOA's and cuts