Over Reaction
Bh412tt,
Let's hope history doesn't repeat itself and the pendulum doesn't swing too far. Cutbacks that bite too deep have a habit of coming back to haunt companies, so that when the oil price rises again (as we all know it will), there won't be enough people to handle the upswing.
A sad but repetitive trait in the industry. I feel for those who get bad news in such times and dread receiving it myself.
It's normally the long serving who suffer as a reward for their loyalty; the powers that be forget that you can't buy experience !
NEO.