On Monday, Donald Trump proposed exempting more oilfield families from federal income taxes. Trump’s plan would eliminate federal income taxes for individuals that got laid off and earning less than $50,000 for couple while drawing unemployment... — read more
The truth about layoffs
We were told that layoffs are a necessary part of running a company. But the truth about layoffs are that it is an excuse to get out of a financial crisis. Don’t be fooled. It is a company CHOICE! Not a NECESSITY! Even as layoffs happen, the higher... — read more
Baker Hughes-Drill Bit Repair Shop (MIB) (Broussard,La) Shutdown with LayOff Today
The Diamond Bit Repair Shop in Broussard,La. also known by nickname (MIB) has been shut down completely and all employees , boss and supervisor were layed off today! Good Luck and God Bless Everyone
Say goodbye to Baker Hughes completions business,
The proposed businesses to be marketed for sale on the Baker )Hughes side are: 1. Core completions business including packers, flow control tools, subsurface safety systems, intelligent well systems, permanent monitoring, sand control tools, and sand... — read more
Navigation
Say good bye to it
Baker went from best-in-class to worst-no-class
The executives win. All others are f**d!
VPs and Directors Baker vs HAL
Just curious, does Hali has as many vice-presidents and directors as Baker ? Every other person you bump into in baker offices is a VP or Director .... could not figure out whats up with that?
Halliburton and Baker Hughes Announce Additional Divestiture Proposals & DOJ Timing
DOJ Timing Agreement Extended Three Weeks to December 15, 2015 HOUSTON – September 28, 2015 – Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today announced that the companies will market for sale additional businesses in... — read more
Selling more stuff
More than an hour after the blood/crip team told the media, they then decided to tell the employee's affected. Had to get out in front of that opening bell. The companies said they plan to sell Halliburton’s expandable liner hangers business; Baker... — read more
http://www.halliburton.com/public/news/pubsdata/press_release/2015/Halliburton-BakerHughes-announce-additional-divestiture.html
HOUSTON – September 28, 2015 – Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today announced that the companies will market for sale additional businesses in connection with Halliburton’s pending acquisition of Baker... — read more
My best move was leaving baker
It should have been a lot sooner though.
What is the purpose of Geo-market VP's?
Within Baker Highes we have VP's over the Geo-market and for what purpose do they serve? I have not witnessed any of them go to fight for the product lines that need help in their area. These guys should be out in front of customers and earning work... — read more
Here's why the oilfield employees got squeezed in every downturns
The owner of capital decides where money goes, whereas the oilfield employees who sell only their labor lack that power. It is extraordinary that the joint stock company, the foundation of modern commercial and industrial wealth, is still so little... — read more
Time Has come!
Be sure to suit up for Houston layoffs tomorrow.
Offshore oil drilling slump to stretch into 2017
The offshore drilling industry will continue to face rough waters through 2017. The report cites an analysis by Moody's Investors Service that found the industry will remain under "severe distress" over coming years as it faces the biggest downturn... — read more
Williston basin ND
http://www.thedickinsonpress.com/news/local/3848335-cutbacks-bakken-baker-hughes-layoff-117-employees-biggest-signal-yet-slowdown
PP managers
Get rid of these underperforming lazy overpaid managers. Too many managers , engineers and not enough staff on the ground. UK for change up for sure......
The Deal.
So, It's been close to a year since we heard Hall was to buy Baker. I have read many articles,talked with many people and watched the stock market and most of it, not all of it, has told me that this is going to happen. But my gut feeling is telling... — read more
Middle East layoffs will start from tomorrow
250 - 275 layoffs in Middle mainly in Iraq, Gulf and India.
Baker Hughes began a layoff of 114 staffers in Colorado
Baker Hughes, one of the world's largest oil field services companies, has laid off 13,000 workers over the past year. Currently it began a layoff of 114 staffers at its Colorado office in Brighton. The company notified labor officials in Colorado... — read more
Pope Francis calls for end to "layoff"
Pope Francis on Friday called for oil industry leaders to end a “selfish and boundless thirst for power and material prosperity” that was mass layoff, inequality and destruction of employees' family lives.
Private conversation from Martin to Dave
Someday, our future oilfield generations will look at us in the eye and they’ll ask us, did we do all that we could when we had the chance to deal with this downturn problem and leave them a richer and more stable industry?
I've never seen morale so low. No trust in managers and employees dragging on waiting for clock out.
Yes, the industry has always been a Rollercoaster ride, but this down is being managed far worse than previous downs. You have to blame management. Absolutely no communication and almost blind regard for morale. It's like they just quit when the... — read more
Green Hat Layoffs
Happening all this week. Look out. All over at Halliburton as well. Looks like they cutting the fresh meat with no training rather than spending the money to bring them up to speed.
No way Jon Snow is coming back
Just sayin'
Baker Hughes 2.5 Billion dollars lawsuit
What is going to happen here as it relates to this 2.5 billion dollar lawsuit against BHI - what do you predict?
More Layoffs next week
Brace yourselves... next week is the end of the month and the quarter. Goodluck to you all!
Baker Highes not actively seeking work
Baker Highes has the worst account managers of any service company. We are now 10 months into this buyout and they have shown how little with they have. As product lines have run out of work instead of seeking new work the company has closed down... — read more
San Antonio Layoffs???
Any Info...
The Merger Is Over
Guys the merger is over! They only playing it out because no one wants to lose face. It's not going to happen. Also as you should know the DOJ has officially announced that the only way the merger will happen is if only 1 PARTY buys everything thats... — read more
No need to worry about layoffs
http://fusionlacedillusions.com/2015/01/29/planet-x-nibiru-2015-mysterious-deaths-disappearances-more-than-you-need-to-know-1292015-video/