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I worked in oil and gas, in 2021 I quit after company started laying people off. Not ever considering going back. This industry is way too temperamental.
by wronglyprepaid 4y ago
I worked in oil and gas, in 2021 I quit after company started laying people off. Not ever considering going back. This industry is way too temperamental.
- nine_zeros 4y agoI think most industries could do way better by cutting exec and management pay during hard times than laying people off entirely. The layoff, rehire cycle is a clear demonstration of how management wants to have their cake, eat it too, succeeding at it for a short time and then complaining that they can't find any workers.
- CydeWeys 4y agoMy first company did that through the 2008 recession and it was really nice of them. Nobody got raises and nobody got bonuses (which significantly impacted higher-ups more as much more of their pay consisted of bonuses). The three co-founders barely even took any salary at all. But no one was laid off. All that happened was that one guy who had temporarily left to finish a master's degree wasn't rehired as expected (I think it also didn't help that he wasn't that good).