What, me Worry?

At the PNEC Data Management conference here in Houston this week, the organizers left out at everyone's seat on the first day a copy of the Digital Energy Journal highlighting a quote from Bob Bloom of National Oilwell Varco, saying "I don't worry about the 'great crew change'". I wondered why he wasn't worried so I did a little research and found that while he was headed off to this Drilling Conference in Amsterdam, rumors were swirling about layoffs of more than 100 people at Varco's production facility in Texas. So of course Bob wasn't personally worried. He was, in the words of one attendee commenting on similar recent layoffs at Schlumberger, "paving the way for his next job" by forcing cuts of experienced workers close to being vested in their pension plans. So as noted by one of the speakers at the conference, don't worry about the great crew change, it will come and find you... and it won't be so great!