As they used to say, the chair is always filled by a derriere. And there is no shortage of derrieres, neither now nor in the future.
I'm calling BS.
They fire you at the first sign of trouble, you have no job security and its not like they pay better then any other competitive industry in relation to the jobs.
i.e. you can work on wall street, in finance, or whatever, for the same pay, and still know you will have a job in 5 years.
The energy companies created their own problems with none of the top guys ever retiring, and everyone coming up through the ranks getting laid off, every few years.
The energy industry wrote the blueprint on how to screw itself over and make sure its an undesirable field to work in.
I have an MBA, I also have enough common sense to know that the risk to reward working for one of those companies is crap.
I am dealing with newly hired clown in a newly created Energy company using a new drilling company with newly hired hands.
Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations (i.e. The Baby Boomers) are doing that Gen-X and Y will end up paying for.
Freep mail me to be added or dropped. See my home page for details and previous articles.
Immigrants from India will fill the spots.
I can't imagine why. Companies dropped qualified people like bad habits when the bottom line moved. I wouldn't even consider working for a company in this day and age without a contract.
bump
Most MBA's are idiots. Keep in mind I say most not all.
The companies who manage to attract and retain Xers will take over the ones who don't. The next gilded age will then be upon us and that is not a bad thing at all.