Tag Archives: employment

U.S. Steel Idling 2 Plants, Cutting Jobs

May 2016, Vol. 243, No. 5

The country’s second-biggest producer of steel is dismissing as many as 770 workers and shuttering two plants that make tubes used in oil drilling as energy companies cut production. U.S. Steel may cut as many as 450 union-represented jobs at its Lone Star Tubular Operations in eastern Texas and 200 at its Fairfield, AL site, the company said. About 120 non-represented positions were cut across Ohio and Texas, including the Houston sales office. Wood Mackenzie has tracked $91 billion in capital-expenditure cuts in 2016 at 121 companies. U.S. Steel is among suppliers who have also […]

Employment Specialist Offers Advice to Managers

May 2016, Vol. 243, No. 5

Special to Pipeline & Gas Journal These are certainly difficult times for the oil and gas industry, and unfortunately there is no quick end in sight for this downturn. Because this is a cyclical industry, hard decisions have to be made by management trying to protect their stressed operations. Those decisions invariably involve layoffs, and today that is amounting to tens of thousands of hard-working employees, who face the task of retraining, if not survival itself. What are some of the most important decisions employers needs to be aware of in handling these delicate situations,...

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