Attrition is much cheaper than layoffs with severance. We are way over staffed compared to our independent peers. We are making profits due to the market, not our operating excellence. The unconventional development cannot justify the current outlay in salary and benefits. We are in a manufacturing mode, not research, not innovation, not exploration. Optimize on costs. We must stay competitive at the operational face however much cost optimization remains in Houston and B’ville. We have a responsibility to the shareholders to return the profits to them, the owners, in dividends and higher stock values.
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All these votes, but no comments?
OP, you tread on shaky ground.
Commodity company based on dividends can't last long.
But we can't discuss that.
Thanks, anyhow. I'm laying off this old company.
I'm a bored member.