Recent layoffs in Calgary energy patch are not a sign the ” sky is falling “
Posted Feb 22, 2013 7:41 am.
This article is more than 5 years old.
The Executive Director and CEO of the Petroleum Human Resources Council says uncertainty over market access and persistently low natural gas prices have produced a cautious attitude on the conventional side of the energy industry.
Cheryl Knight tells 660News, with the winter drilling season winding down, many companies are now reviewing budgets and staffing levels.
Knight says the industry is operating under three different categories: oil, gas and the oilsands.
Earlier this week, Talisman Energy announced it was laying off 90 workers, back in January a couple of other firms, including Taqa also shed some payroll.
Knight says despite the layoffs, the industry is still expected to create thousands of jobs in the coming years, as older workers leave the business combined with strong demand for certain skilled positions.
Next month, the latest job projections for the oilsands will be released, with updates for other positions on the conventional side of the business expected later in the year.
