The global energy industry is facing the dual challenge of COVID-19 and the dramatic drop in the price of oil.
Mercer’s Energy Vertical have reached out to HR leaders across the value chain to understand what actions they are taking as these two challenges started to impact the industry.
With over 190 participants, Mercer Energy’s global survey results highlight how organizations are thinking about reducing their workforce, freezing headcount and salaries.
The top action being taken at this stage in the commodity down cycle was freezing headcount.
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