News & Analysis as of

Energy Sector Involuntary Reduction in Force

Thomas Fox - Compliance Evangelist

FCPA Compliance and Ethics Report-Episode 153-Doing Compliance in an Economic Downturn

The energy industry is in turmoil from the drop in the price of oil from $100 down to around $50 per barrel. Many energy companies have laid off up to 30% of their workforce. What can you do from the compliance perspective...more

Thomas Fox - Compliance Evangelist

New Coke and Technological Solutions as a Response to the Economic Downturn

Earlier this week, Donald R. Keough died. He was the leader of Coca-Cola, who pressed for and introduced the infamous New Coke to the world in 1985 and then the return of the original formula just 10 weeks later. Since I was...more

BakerHostetler

Layoffs in the Energy Sector – Are Employers Prepared?

BakerHostetler on

Over the past few weeks, the media has focused intently on the oil and gas industry’s extensive layoffs. Well known energy companies have made front-page news with their announcements of their significant layoffs that have...more

Akin Gump Strauss Hauer & Feld LLP

Effectively Managing Workforce Contraction in Turbulent Times

The dramatic drop in the price of oil is forcing many energy-related companies to reevaluate their operations and consider steps to trim their costs. With predictions that low oil prices will extend well into 2016, such...more

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