Green Touch Builders | Next wave of energy job cuts could be executives
22895
post-template-default,single,single-post,postid-22895,single-format-standard,ajax_fade,page_not_loaded,,select-theme-ver-3.8.1,wpb-js-composer js-comp-ver-6.1,vc_responsive

Next wave of energy job cuts could be executives

Tens of thousands of oilfield workers and midlevel energy employees have lost their jobs in recent months during the ongoing oil crash, and more cuts are expected in the coming months.

But one area that hasn’t yet faced a lot of turnover — except in isolated cases — is with energy executives and the C-suite. And that could be about to change, said Tom Simmons, the global leader of Spencer Stuart’s energy practice.

“If prices stay down, that’ll be the next thing they’ll do,” Simmons said. “They’ll…