Archive for April 26th, 2017

Retirements and the shrinking oil and gas workforce

Posted April 26, 2017 by Blog AdministratorCareer Planning, Labour Market Information

In previous forecasts, when the oil and gas industry was experiencing rapid growth, it was assumed that as workers retired those roles would be filled. However, in the current climate this is not the case. In 2015 and 2016, many of the positions vacated by retirements were not filled as part of companies’ strategies to reduce costs and create a leaner workforce. PetroLMI surveyed 36 companies in early February 2017, and they indicated that any decision to fill a role due to retirement would be assessed based on the position, type of work and availability of other options to accomplish the... Continue reading