The latter part of 2014’s plummeting oil prices set the stage for a challenging 2015 and remaining uncertainty for 2016. Companies large and small, independent and integrated, have been affected by the downturn. It seemed like there were layoffs abound in 2015 – more than 150,000 were reported in June . No company was immune. But, despite the downturn, companies have to remain operational. Somewhere in between continual mass layoffs and companies becoming insolvent has to be a middle ground that both companies and workers will accept. Is part-time work the answer? Rigzone explores the possibility. Weighing Options When the industry peaks and exploration and production is up, companies may feel like they have plenty of employees, but once they start trimming employees during a downturn, there’s significantly less people to do the work or any new work that comes about. With the amount of layoffs already reported this […]