JOB CUTS IN OIL INDUSTRY RISEN FROM 300,000 TO 400,000 IN 2017
Stakeholders in the oil and gas industry are worried that job cuts have risen by 33 percent in the sector this year. The job cuts which stood at 300,000 in 2016 have risen to 400,000 in 2017 as a result of low oil prices, budget cuts, gross reduction in contracts and low capacity of firms. […]
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