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Dear colleagues, I would like to share the second part of the report I wrote some time ago. This time I have focused on a more niche topic. Also, as of June 20th, I will be participating in a short-term program in Poland. Therefore, I will be in Europe. If you are interested in working together or have any opportunities you can direct me to, I would be happy to be in touch. You can send a message through this application or contact me at mstafakaramn@gmail.com so we can discuss this in more detail.

To decarbonise the electricity sector, France is mining lithium for energy storage, transport and decarbonisation! Source: https://www.lesechos.fr/industrie-services/energie-environnement/imerys-se-lance-dans-la-course-au-lithium-avec-un-projet-a-1-milliard-deuros-en-france-1872166

I pulled together some notes from recent discussions on employment conditions across countries, especially for energy/utility roles. Sharing here in case it helps anyone comparing markets. I have attached the Excel file. The file is broader employment/job-market comparison by country, and only one part of it is energy-related via the “Utility Sector Security” column.Useful if you’re comparing job stability vs compensation in the broader energy sector. Big picture: - USA = highest salaries, but weaker general job security and social safety net - UK / Australia = strong employment protections and very stable utility-sector roles - France = strongest labor protections and very hard to dismiss employees - Switzerland = very high salaries with a strong financial safety net

Just wanted to share that from my recent talks in board meetings and with executives globally, the consensus is that companies are indeed laying off, and these numbers are accurate that I share below and maybe you have seen also around . You can verify them yourself. While they largely represent cumulative cuts and aggressive restructuring from 2023 through early 2026, the direct job eliminations are very real. I checked some of the biggest tech and legacy players: - Amazon: 30,000 (Cumulative cuts across corporate and managerial roles) - Intel: 25,000 (Aggressive restructuring to pivot toward the AI market) - Microsoft: 15,000 (Accumulated over several rounds of tech-sector corrections) - Dell: 12,000 (Massive sales team reorganization) - Salesforce: 4,000 (Role eliminations to reallocate funds toward AI development) - GM (General Motors): 3,300 (Cuts across autonomous vehicle divisions, software, and factory shifts) In the energy industry, we are going through the exact same ruthless transition, and the ones losing their jobs are the ones who have completely failed to adapt to new technologies and who rely on an old mindset. The industry is rapidly pivoting into professionals who understand / explain/ can storytell machine learning models, AI integration, optimization etc. The professionals who are aggressively upskilling and learning how to integrate data science into traditional energy workflows are the ones keeping their seats . If you think that energy is "safe" and all I have to do is "just go to meetings, and do coffee breaks" this is not the truth! "Oh I studied 5 years. I am now going to have a relaxed professional life". No! Constantly improve your skills. Never settle. Those who think 'energy is just writing reports and go to meetings" may get anytime a phone call "My friend, I love you. But I am sorry to say, you are among those who are going to be laid off. I am truly sorry. You know how much I care but I am sorry. It is a company policy". And that's it.