News & Analysis as of

Involuntary Reduction in Force Energy Sector

Miller Canfield

Important Update on U.S. Tariffs Impacting Ontario Businesses

Miller Canfield on

The United States has announced the imposition of new tariffs on Canadian goods, effective immediately as of March 4, 2025. These tariffs include a 25% surcharge on a wide range of products imported from Canada....more

Thomas Fox - Compliance Evangelist

FCPA Compliance and Ethics Report-Episode 153-Doing Compliance in an Economic Downturn

The energy industry is in turmoil from the drop in the price of oil from $100 down to around $50 per barrel. Many energy companies have laid off up to 30% of their workforce. What can you do from the compliance perspective...more

Thomas Fox - Compliance Evangelist

New Coke and Technological Solutions as a Response to the Economic Downturn

Earlier this week, Donald R. Keough died. He was the leader of Coca-Cola, who pressed for and introduced the infamous New Coke to the world in 1985 and then the return of the original formula just 10 weeks later. Since I was...more

BakerHostetler

Layoffs in the Energy Sector – Are Employers Prepared?

BakerHostetler on

Over the past few weeks, the media has focused intently on the oil and gas industry’s extensive layoffs. Well known energy companies have made front-page news with their announcements of their significant layoffs that have...more

Akin Gump Strauss Hauer & Feld LLP

Effectively Managing Workforce Contraction in Turbulent Times

The dramatic drop in the price of oil is forcing many energy-related companies to reevaluate their operations and consider steps to trim their costs. With predictions that low oil prices will extend well into 2016, such...more

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