Who thinks being staff will save their bacon in a downturn?

if you think it's bad in Aberdeen, Scotland, you should read this for Perth, Australia.

http://www.fool.com.au/2015/03/25/will-costs-savings-help-woodside-petroleum-limited/

http://www.theaustralian.com.au/business/mining-energy/woodside-chevron-to-shed-2000-jobs-as-oil-price-fall-hits-industry/story-e6frg9df-1227277139149