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Home » Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave

Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave

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Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market evolution, automation, and progress in unleashing the benefits of artificial intelligence (AI), have also played their part in shrinking the job market.

The post Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave appeared first on Offshore Energy.

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