Telegraph.co.uk | Bank of Scotland warns of further North Sea pain after 'severe' oil slump Telegraph.co.uk North Sea oil companies are poised to make even deeper cuts to the embattled workforce this year as almost half say that costs need to fall further to manage the aftermath of the oil market crash. The Bank of Scotland has warned that nearly a third of ... 32% of oil and gas firms 'planning more job cuts' Oil and gas firms are struggling as the industry braces for fresh job cuts Oil and gas firms 'plan more cuts', report suggests |