Worley Parsons to shred workforce

Monday, 4 May 2015

This is what I mean when I talk about adding multipliers to falling mining jobs:

That’s your shale bust. But this is still only the beginning for WOR and many of these jobs and more will be Australian. Just wait for LNG projects to finish and the iron ore production bust.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.