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When to worry about layoffs?

Posted on 12/2/14 at 7:40 am
Posted by mikie421
continental shelf
Member since Nov 2008
687 posts
Posted on 12/2/14 at 7:40 am
I have about a year under my belt with one of the supers. Is there a general price per barrel that I should start to get worried? Or at least be more conservative with my finances in general.
FWIW I'm in Safety.
Posted by bayoubengals88
LA
Member since Sep 2007
18883 posts
Posted on 12/2/14 at 8:38 am to
quote:

When to worry about layoffs?
quote:

of the supers


quote:

I'm in Safety


Never.
Posted by barry
Location, Location, Location
Member since Aug 2006
50337 posts
Posted on 12/2/14 at 8:58 am to
quote:

When to worry about layoffs?


Supers are highly diversified and have lots of long term projects that use the cost of oil over decade long spans, not a couple of months.

So you are fine.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 12/2/14 at 9:03 am to
I wouldn't worry per se, but it wouldn't hurt to start being a little more cautious with your finances.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37024 posts
Posted on 12/2/14 at 9:50 am to
I would think in safety you would be fine, but I might not count on a really high year end bonus.
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