Canada’s Oil And Gas Sector Sees Record Job Losses ...Middle East

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Canada’s Oil And Gas Sector Sees Record Job Losses
A total of 37 percent of oil and gas companies in Canada resorted to permanent layoffs due to the pandemic-driven oil price and oil demand slump, a recent survey of energy labor market organization PetroLMI showed.  The energy firms in Canada launched measures to reduce labor costs across their organizations, according to the survey of energy workers and executives carried out by PetroLMI, a division of Energy Safety Canada.  At the time of the survey in August and September, 68 percent of energy workers said their company had implemented…

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