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Welcome! We cover HR issues and trends, as well as share info on job hunting, interviewing and career management for employees. What's on your mind? Tell us in the comments!

When it comes to employment, oil and gas industry operates in cycles. The industry is still reeling from the talent gap created by the last major downturn, and the current drop in oil prices will certainly continue to negatively affect employment-but given the history of oil and gas, this too shall pass. 

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We don’t know the exact date it will happen, but 2015 will mark a momentous change in the makeup of America’s population. Sometime this year – and maybe it has already happened –so-called Millennials will become the nation’s largest living generation, surpassing their Baby Boomer parents.

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Talent Challenges in the Oil and Gas Industry

The oil and gas industry is currently facing a talent crisis on both ends: while recruitment and hiring is suffering from the prolonged talent shortage, companies are also being tasked with cost cutting, restructuring, and layoffs.

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The oil and gas industry is currently facing a talent crisis on both ends: while recruitment and hiring is suffering from the prolonged talent shortage, companies are also being tasked with cost cutting, restructuring, and layoffs.

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When companies make the difficult decision to lay off employees, they have two difficult tasks ahead of them beyond simply taking care of transitioning talent: First, they have to boost morale for remaining workers. Second, they have to keep their investors and customers feeling confident. Let’s discuss the best ways to manage the message for key stakeholders during a layoff:

How Customers and Investors Perceive Layoffs

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Dan Phelan is among the foremost thought leaders in Human Resources. He has held key leadership roles in several areas of GlaxoSmithKline and is a member of RiseSmart’s Strategic Advisory Council. Here he answers questions in the continuing series of articles for RiseSmart called “Ask An Expert.” 

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It wasn’t long ago that the major employment problem facing the U.S. oil and gas industry was simply finding enough people to do all the work.

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