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The Water Cooler
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Oilfield Layoffs
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<blockquote data-quote="okietool" data-source="post: 2703202" data-attributes="member: 6030"><p>Something else at play n the is the oilfield "geneational gap" . </p><p>Right now there are a ton of 60 somethings and 30 somethings. </p><p>The younger CEOs have seen and hard the horror stores about the 82 crash. </p><p>I think there are some moves being made out of fear.</p><p>But no one will go down because they cut expenditures too early, on the other hand, wait too long and your company is finished. </p><p></p><p>JMO</p></blockquote><p></p>
[QUOTE="okietool, post: 2703202, member: 6030"] Something else at play n the is the oilfield "geneational gap" . Right now there are a ton of 60 somethings and 30 somethings. The younger CEOs have seen and hard the horror stores about the 82 crash. I think there are some moves being made out of fear. But no one will go down because they cut expenditures too early, on the other hand, wait too long and your company is finished. JMO [/QUOTE]
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