Next for oil: Mergers, layoffs and 'death spirals' By: CNBC.com News January 29, 2015 at 11:44 AM EST An oncoming wave of oil industry job cuts and restructuring is only the first inning of a long game, experts tell CNBC. Read More >> Related Stocks: Baker Hughes Inc Deutsche Bank Ag Goldman Sachs Group Halliburton Co Schlumberger Ltd iPath Dow Jones-Goldman Sachs Crude Oil Fund