Fact is ABA there isn't a single company out there, big & small, on & offshore, that isn't making or preparing to make significant job cuts.
Whilst the rest of the UK enjoys growth, the only growth we'll 'enjoy' for the forseeable will be in unemployment, in liquidations, in debts.
And nobody in any sort of 'power' in Aberdeen over the years has had the foresight to plan for 'what happens next'. The eggs were all laid in to the basket marked 'oil'. Then it was fingers crossed the price of said commodity didn't fall. Well it did - big time. Proof those analysts that forecast $150-200 oil didn't have a clue.
With oversupply & Iran increasing factors, expect the oil price to stay low for some time to come. Enough time maybe, to signal the end of the N.Sea oil industry - & with it, Aiberdein. Welcome back to the real world.
Forget 1986 - this one will be even worse, coming as it does near the end of the N.Sea life.