Insight: A brief history of RIF-ing
Finding Petroleum News extractsOnce again, there is a lot of excited chatter about cost cutting in our industry. Oftentimes in the past, this has meant cutting great swathes of people (also known in better times as ‘our most valuable resource’) out of the team. Now I see it’s happening again – RIF s are in progress at, for example, BG and Weatherford to highlight just two.
Here’s something to think about: perhaps the only person you can trust to manage your career to your expectations is yourself, unless companies change their behaviour significantly!
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