Layoffs are a recurring nightmare for both employees and employers
Layoffs: oil and gas companies have cut some 350,000 jobs in the downturn, but what happens when oil prices tick up and demand for talent outstrips supply? It's a recurring nightmare.

The crash in oil prices has led to a rash of layoffs that started in early 2015. More than 350,000 jobs worldwide have been cut in the oil and gas industry, according to a 2016 report by Houston-based consultant Graves & Co. The loss of talent from the industry will present major challenges...

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