In the June 2012 issue of NG Market Notes, Associate Director Bob Gibb discusses the hidden benefits of mergers, acquisitions and even company failures in the energy industry.
Over the last several decades, the natural gas industry has seen a regular parade of mergers, acquisitions, outright company shut-downs, and bankruptcies – with employees being one of the most significantly impacted parties. These kinds of changes can create turmoil and anxiety, but once the dust settles, most of the people involved seem to be better off. Sometimes this is because change has pushed them on to the next stage in their career. The diversity of activity in the oil and gas industry is such that as long as employees are flexible, there usually seems to be good jobs available.
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