There are too many "managers" and "teamleaders" who have very few people reporting to them. They are paid high salaries and bonuses and don't do any real work. Why keep them?
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MEA and ASA about to merge (June or July), the Royalty will be found new kingdoms but a lot of the management will be put out to pasture...
They are kept because they can suck a golf ball thru a garden hose.
How many of you pencil dicks work in Bartlesville?
Be patient. The shocked look on their faces will be well worth the wait. I have already seen a few cut down to size. Look for their McMansions and bummers to be for sale soon.
Managers manage 3-4 team leads and team leads manage 1 or 2 at max. This shady layering is ongoing in houston as we write this.
Some managers in other locations have nothing to manage, no teams or technical skills. They survive by changing titles and just suck blood out of hardworking employees who they lay off eventually.
What you do not realize is that the people you refer to are Management. They live by a different set of rules and have different salary, bonus, and appraisals. You have to be a very special person to get into this group. Either you are well-connected and come from upper-class or upper-upper-middle class, or happen to fit into gender and racial profiles to meet quotas. There are lots of managers and team leaders who are not Management, and many members of the Management club who can neither manage or lead. Management looks out for itself first, the Company second, stock options third, clients fourth, and staff a distant last.
This is so true, given the higher salary of these people it is hard to understand why the reduction in headcount has not been applied them in equal proportions.
What are these people doing on a daily basis?, many have few or no staff to manage or lead, exactly the same situation as in the 2008-2009 headcount reductions.
This is very elitist and unequitable company to work for but when the upturn arrives they will find it very difficult to operate successfully as so much skill and knowledge has been lost which has taken years to acquire.
So many managers with little or no technical skill or awareness of how downhole tools actually work will flounder if an upturn happens and the stress on the few people left below the grade of manager and team leader will be huge.