Oil And Gas Industry Layoffs

Top Oil & Gas Firms Increased Layoffs, Cutting 15k Jobs in 2021
  • The companies slashed payrolls by 13% over a two-year period, eliminating 6% of their 2019 workers during 2020 and another 7.3% during 2021.
  • Sixteen of the 20 companies reported net job losses from the end of 2019 to the end of 2021.
May 9, 2022

Recent News and Discussions About Oil And Gas Industry Layoffs

The oil and gas industry has lost more than 100,000 jobs this …

https://fortune.com/2020/10/05/oil-gas-jobs-transition-climate-coronavirus/

The oil and gas industry has lost more than 100,000 jobs this ...
Oct 4, 2020 — The oil , natural gas , and chemicals industry in the U.S. eliminated 107,000 jobs between March and August of this year, according to a …


US oil and gas industry lost 107,000 jobs in the pandemic …

https://www.houstonchronicle.com/business/energy/article/U-S-oil-and-gas-industry-lost-107-000-jobs-in-15633468.php

Oct 9, 2020 — About 107,000 oil , gas and petrochemical workers — or about 7 percent of the 1.5 million employed in the industry nationally — have been laid …


Third of oil and gas workers faced pay cut in 2020 due to …

https://www.reuters.com/business/energy/third-oil-gas-workers-faced-pay-cut-2020-due-pandemic-survey-shows-2021-01-12/

Jan 12, 2021 — Almost one in three workers in the oil and gas industry faced pay cuts in 2020, a worldwide survey showed on Tuesday, as the coronavirus …


The pandemic made 107000 oil and gas jobs disappear. Most …

https://www.cnn.com/2020/10/08/business/oil-gas-jobs/index.html

Oct 8, 2020 — A staggering 107,000 jobs vanished from the US oil , gas and chemicals industry between March and August 2020, according to an analysis published …


Fossil Fuel Companies Are Job Killers – The New Republic

https://newrepublic.com/article/161937/fossil-fuel-companies-job-killers

Apr 5, 2021 — Fossil fuel companies are generally happy to take federal money and lay off employees anyway. A study from Bailout Watch finds that 77 oil and …


Oilfield workforce shrinks in 2021, giving up all last year’s gains

https://www.worldoil.com/news/2021/3/5/oilfield-workforce-shrinks-in-2021-giving-up-all-last-year-s-gains

Mar 5, 2021 — OFS job losses since February 2020 are estimated to be heaviest in Texas and Louisiana, which are the nation’s leaders in oil and gas …


The future of work in oil, gas and chemicals – Deloitte

https://www2.deloitte.com/us/en/insights/industry/oil-and-gas/future-of-work-oil-and-gas-chemicals.html

Employment cyclicality plaguing the industry — Then came the shale boom a decade ago and the industry ramped up its hiring. But problems started appearing …


The U.S. Lost 120,000 Oil & Gas Jobs In 2020 | OilPrice.com

https://oilprice.com/Energy/Energy-General/The-US-Lost-120000-Oil-Gas-Jobs-In-2020.html

Mar 10, 2021 — Around 120,000 jobs were lost in the U.S. oil and gas industry last year due to the crash in oil demand and prices and subsequent massive …


What Lasting Oil and Gas Workforce Changes are Underway?

https://www.rigzone.com/news/what_lasting_oil_and_gas_workforce_changes_are_underway-18-may-2021-165458-article/

May 18, 2021 — According to Deloitte’s 2021 Oil and Gas Industry Outlook, U.S. oil and gas companies laid off about 14% of permanent employees in 2020.


Employment News – Rigzone

https://www.rigzone.com/news/topic/employment/

Tuesday, May 31, 2022Out of 35 industry sectors analyzed, oil and gas workers are the 13th most fearful of failure. Chevron Makes New Appointments In Leadership …


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