Coronavirus, Consolidation Taking Toll On Energy Jobs
regions, but have had to double down on cost cuts as investors pressure companies to improve margins."The COVID-era reality across the oil industry is austerity on an epic scale. There is no escaping the fact that this means, among other things, job losses," said Pavel Molchanov, analyst at Raymond James.In addition to Exxon, Chevron Corp, Australia's Woodside Petroleum Ltd and Canada's Cenovus Energy Inc all announced plans in recent weeks to cut staff.Global fuel demand slumped by more than a third in the spring. While consumption has recovered somewhat, it remains lower than a year
New Chief Administrative Officer at Mallory Alexander
expansion and acquisitions. He is a member of the fifth-generation family owning Mallory Alexander International Logistics. Mallory has over 20 years’ experience in international sales in the United Kingdom, Europe and Canada through Morgan Keegan and Company and Raymond James
