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The Water Cooler
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I may have decided my fate
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<blockquote data-quote="dennishoddy" data-source="post: 4241214" data-attributes="member: 5412"><p>Wife's company got bought out a couple years before she wanted to retire. It went south for her as she was a bean counter without a college education. It was the first and only job she ever had with 40+ years of developing her skills. Schlumberger brought in college kid after college kid to replace her that left after a few months because they couldn't handle the work load, so they finally gave up and kept her on. </p><p>She decided to retire, but nope.</p><p>When they decided to move the most productive plant in the company's history to Houston, she was offered two years salary to stay on 10 months during the move to handle the financials of that move. Money that big can't be ignored so she stayed on. </p><p>When they finalized the move to Houston, the company never finished a single three cone rock bit in two years of trying to get back into the market. Smith Tool drilling bits were toast.</p><p>350 employees in Ponca lost their job. 80% of the workforce had over 20 years on the job.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 4241214, member: 5412"] Wife's company got bought out a couple years before she wanted to retire. It went south for her as she was a bean counter without a college education. It was the first and only job she ever had with 40+ years of developing her skills. Schlumberger brought in college kid after college kid to replace her that left after a few months because they couldn't handle the work load, so they finally gave up and kept her on. She decided to retire, but nope. When they decided to move the most productive plant in the company's history to Houston, she was offered two years salary to stay on 10 months during the move to handle the financials of that move. Money that big can't be ignored so she stayed on. When they finalized the move to Houston, the company never finished a single three cone rock bit in two years of trying to get back into the market. Smith Tool drilling bits were toast. 350 employees in Ponca lost their job. 80% of the workforce had over 20 years on the job. [/QUOTE]
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