Competition for engineering and geologist jobs in the oil-and-gas sector was fierce prior to Trump’s tariffs, Collin Eaton of The Wall Street Journal reports. Now, companies such as Chevron (CVX), BP (BP), and other oil companies are offshoring more specialized white-collar positions and related work to lower-cost labor pools in countries such as India, while cutting jobs elsewhere. The shift has thinned the companies’ ranks of skilled U.S. workers. Other companies in the space who are or have shifted much of their workforce to India include Exxon Mobil (XOM), Shell (SHEL), and TotalEnergies (TTE).
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