Big money in oil? I’ll take a pay cut just to get a job now, undergrads say


Everyone is taking a paycut, though bottom feeders are getting hit worst.

Dateline 2016-01-19, Malay Mail:

They used to dream of a RM7,000 basic monthly salary in their first year of employment, with thousands of ringgit more just from allowances. But now, petroleum engineering students say they have doubts about their career choice as they witness the oil & gas (O&G) industry lay off tens of thousands of workers worldwide.

Malay Mail Online spoke to several petroleum engineering students who said much of their optimism and confidence for a solid career in the O&G industry has been shaken after seeing the unexpected prolonged oil price rout ravage what was once considered the most stable and lucrative job market.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: