Hi Suneeta,
Yes, when the employees leave they do take with them the knowledge, skills and experience. But, they are not irreplaceable!!!
Are'nt these things important in this part of the world?
My opinion from my observations - I do not have data to substantiate
this - No, they dont seem to be!! (Friends, please do give in your opinion too!!)
I am not sure whether VALUE is attached to people here!! People here do their joband earn money...if one leaves a replacement is found..that's it!!
I sound cynical??!! :) this is from the point of view of observations in Dubai only. I dont know how the O&G sector works in Abu Dhabi.
My previous comment was not in the context of retrenchment.
Regards,
Geetha