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The Water Cooler
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Oilfield Layoffs
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<blockquote data-quote="JeffT" data-source="post: 2703990" data-attributes="member: 11091"><p>Many times when these decisions are made to let longer term employees go, the company loses much of its institutional knowledge. </p><p>I worked for one company for 17 years, I had built, or helped build much of the software the company depended on for its daily cash flow. Some new owners came in and bought/merged the companies. They let me go because they could and did hire 4 young, inexpensive, replacements. Many people that worked there saw this happen to several people and started looking for new jobs.</p><p></p><p>About 5 weeks after being let go, I received a call from a friend that still worked there, asking if I could tell him how a particular process worked. It seems that no one knew how to get the ACH system to communicate with the data warehouse, after they changed configuration on one of the machines. </p><p>I thought about charging them 400 or 500 dollars an hour, with an 8 hour minimum, to come fix it for them. Instead, I explained to my friend what needed to be done to get the systems communicating again. </p><p>Companies sometimes look at the bottom line too closely and don't realize that they may save a little money right now, but cause larger problems later, by losing institutional knowledge as well as losing good employees when they(employees) see how loyal people like themselves are treated.</p></blockquote><p></p>
[QUOTE="JeffT, post: 2703990, member: 11091"] Many times when these decisions are made to let longer term employees go, the company loses much of its institutional knowledge. I worked for one company for 17 years, I had built, or helped build much of the software the company depended on for its daily cash flow. Some new owners came in and bought/merged the companies. They let me go because they could and did hire 4 young, inexpensive, replacements. Many people that worked there saw this happen to several people and started looking for new jobs. About 5 weeks after being let go, I received a call from a friend that still worked there, asking if I could tell him how a particular process worked. It seems that no one knew how to get the ACH system to communicate with the data warehouse, after they changed configuration on one of the machines. I thought about charging them 400 or 500 dollars an hour, with an 8 hour minimum, to come fix it for them. Instead, I explained to my friend what needed to be done to get the systems communicating again. Companies sometimes look at the bottom line too closely and don't realize that they may save a little money right now, but cause larger problems later, by losing institutional knowledge as well as losing good employees when they(employees) see how loyal people like themselves are treated. [/QUOTE]
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