OGUK Maintains 30,000 Job Cut Prediction
OGUK Maintains 30,000 Job Cut Prediction
In 2020, Oil & Gas UK (OGUK) estimated that the level of direct and indirect employment supported by the sector could contract by up to 30,000, based on anticipated investment and activity levels in 2020-21.
The trade body revealed in its 2021 Business Outlook report, which was released Tuesday, that it believes this remains a reasonable estimate, but added that it is still too early to make a full assessment of the impact of the down...