Completions will probably have layoffs in Mfg but not a ton. Most of the HCT plants are already pretty lean with the exception of the Lion Singapore facility. Now the field is another story. There will be continued layoffs for field hands especially in North America. A ton of completions work is not related to fracking so there is still work being done and will continue. Basically all of OPEC is HCTs biggest customer base. Of that Aramco being the largest and lord knows they aren’t gonna stop completions Wells.
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I think something big is brewing at least for TSS .... so far mostly field guys who are not currently on a job as far as I have heard