We'll see what happens in 2015, it'll be a rough year with prices rapidly dropping and profits melting away so quickly. We just cannot sustain such a large payroll.
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http://fuelfix.com/blog/2015/02/04/weatherford-to-cut-5000-positions-mostly-in-western-hemisphere/
This link includes Weatherford and BP layoff headcounts. Have we heard a head count for COP?
So, we have no info, nobody is posting
Where were the layoffs so far?
The year started with a bang, over 40 people were let go already
Why 2015?
We'll see what happens, things are not looking good. I am not sure why people talk about $60/barrel as a threshold, I think losing 1/2 of our revenue should be painful enough.