"Oil, Gas Drillers Said Facing $2 Trillion Funding Gap:
Drillers forced to slash spending during the oil slump may soon be facing another hurdle: a funding shortfall to the tune of $2 trillion over the next five years."
"Oil Industry to Cut $1 Trillion in Spending After Price Fall:
The oil and gas industry will cut $1 trillion from planned spending on exploration and development because of the slump in prices, leading to slower growth in production, according to consultant Wood Mackenzie Ltd."
Source: Bloomberg.com
If you survived the first round in March, then you were lucky. But with these bad news in the industry, that luck is running out. So more layoffs coming for sure.