{"id":5187,"date":"2015-02-02T22:00:31","date_gmt":"2015-02-03T03:00:31","guid":{"rendered":"http:\/\/olduvai.ca\/?p=5187"},"modified":"2015-02-02T22:00:54","modified_gmt":"2015-02-03T03:00:54","slug":"5187","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=5187","title":{"rendered":"16% of oil and gas firms thinking of job cuts: Mercer survey"},"content":{"rendered":"<div class=\"story-headline\">\n<h3 class=\"story-title\"><a href=\"http:\/\/www.cbc.ca\/news\/business\/16-of-oil-and-gas-firms-thinking-of-job-cuts-mercer-survey-1.2940515\" target=\"_blank\">16% of oil and gas firms thinking of job cuts: Mercer survey<\/a><\/h3>\n<\/div>\n<p class=\"story-deck\"><strong>Canadian industry harder hit because production and exploration more sensitive to falling price<\/strong><\/p>\n<p>A survey of oil and gas companies throughout North America indicates a major pullback underway in the industry as they cut capital spending and reduce hiring in response to low oil prices.<\/p>\n<p>The survey, by\u00a0<a href=\"http:\/\/www.mercer.com\/newsroom\/mercer-survey-reveals-oil-and-gas-industry-hr-leaders-reactions-to-dramatic-drop-in-oil-price.html\">human resources company Mercer<\/a>, indicates\u00a044 per cent plan to cut back on capital spending and 32 per cent will reduce their search for new talent for their companies in 2015.<\/p>\n<p>The results of the survey are\u00a0a sharp contrast to a year ago in the oil and gas industry, when finding employees with the right skills was a priority and\u00a066 per cent of firms said\u00a0they were on the lookout for new hires.<\/p>\n<p>&#8220;Most organizations in one way or another are looking for reductions in expenses,&#8221; Graham Dodd, Mercer&#8217;s energy and natural resources energy leader for Canada, told CBC News.<\/p>\n<p>He said firms are moving from thinking about cuts\u00a0to putting them into place\u00a0as they &#8220;adjust to the new reality of $45 oil.&#8221;<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>16% of oil and gas firms thinking of job cuts: Mercer survey Canadian industry harder hit because production and exploration more sensitive to falling price A survey of oil and gas companies throughout North America indicates a major pullback underway in the industry as they cut capital spending and reduce hiring in response to low [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[103,2660,1278,1775],"class_list":["post-5187","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-canada","tag-layoffs","tag-oil-industry","tag-oil-price-collapse"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5187"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5187\/revisions"}],"predecessor-version":[{"id":5189,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5187\/revisions\/5189"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}