If you think you survived, think again. http://www.usatoday.com/story/money/2015/09/06/oil-crude-moodys-rating-cut/71746924/
Weatherford director throws in the tower
Admitting their stock is crumbling, Weatherford Director David J. Butters sold 120,000 shares of Weatherford stock worth $1.2 million. This insider seller got a lot of information that other stockholders do not know. It is a good move by the director... — read more
One good thing about the downturn: Gas prices is dropping below $2
This Labor Day folks are likely to pay the lowest gas prices since 2004. US consumers are saving more than $1bn on gas every weekend compared to 2014. That means drivers could save between $15 to $25 on every trip to the gas station. It is... — read more
Oil prices squeezed even further
Thanks yanks for "fracking" the oil price in the first place... You done a great job of screwing up the oil industry just like you screw with sovereign nations. And now the sanctions against Iran are lifted they add more oil to the lake. You yanks... — read more
We know everyone needs a paycheck, but please don't roll over like a submissive dog when they ask you to come back.
A lot of money is made by service companies and it goes into the pockets of the people at the top. They are used to offering scraps and watching you scramble to get it. Don't shame your self by accepting their scrapes. Ask for 4 times what you were... — read more
The Rockies laid off 20 field employees after the biggest decline in the rig count in three months
10 directional drillers and 10 MWDs got the axe while total oil rig count fell by 13 last week. Less rigs on the market require the company to reduce the headcounts.
I'm thankful!
I'm thankful that I didn't have to go to work today, and I don't have to go to work tomorrow either!
SAN ANTONIO BAKER HUGHES
HOUSTON we have a problem. Ready!!! ..... In the wake of the lay-offs and the shitty little severance packages.$ 2,800 for 1 year and 3,700 for 5 years ! Example . Baker Hughes has come up with a new deal. They will lay-off all of the employees by... — read more
5 Things You Should Never Say in Baker Hughes Webmail
As you already know, HR is looking over us. So be careful what you include in your email. Here are 5 things you should NEVER say in your work email: (1) "I hate this place." (2) "I'm looking for another job." (3) "Just between you and me ..." (4)... — read more
Racism here being ran by BHI Managers
Guys open your eyes. The handful of racist here that keep spewing this garbage are no doubt the low life managers who would do anything to keep their job. Think about it. There's only X amount of positions that bhi people will be able to get. It cost... — read more
Understand its a business. Its nothing personnel
Why are people so pissed that they get let go? Its a business people. Yes it will be a scramble during the uptick but do you really think a company can keep paying people with no revenue being generated. Get real. If you were the owner of company... — read more
Bon voyage! Sent oversea then thrown overboard
I was based out of US land and asked to move oversea to help our company for about 2 years. I spent 6 months living and working there but I was told that I have been let go due to the downsize. I had no idea the company had let go 25% of its staff... — read more
Obedient workers - George Carlin
You know what they want? They want obedient workers. Obedient workers, people who are just smart enough to run the machines and do the paperwork. And just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the... — read more
Loyal Employees
When employees and employers, even coworkers, have a commitment to one another, everyone benefits. I have people who have been in business with me for decades. I reward their loyalty to the organization and to me. I know that they'll always be... — read more
Baker new line of bussiness
Just been released that Baker are to make Rowies
Halliburton Buying a new division
In NYSE Halliburton are quoted as buying a new division. Dan Cin Pumps. They believe the deal will help then dance around problems in the market place. :)
Holy shit
I just discovered this Baker layoff site exists. There's a lot of info here. Thanks!
Looking forward to being walked out
Hope this happens soon. I do side work and lately this has picked up so much that my shitty BHI job is getting in the way of real money making opportunities, but I'm not leaving without my bonus and severance. The American Dream is the ability to... — read more
Here's why so many employees at oilfield service companies got layoffs
Baker Hughes, Halliburton, Schlumberger, Weatherford each have laid off 10,000+ employees. The main reason is that all of these oilfield service companies are very labor intensive, ie. lots of employees. In terms of finding ways to cut costs, the... — read more
Beware of Baker Hughes Death Cross!
In the past week the 50-day moving average of Baker Hughes crossed below the 200-day moving average. That means a savage equity downturn is imminent. The stock is tottering on the edge as increasingly recessionary data becomes apparent. It would not... — read more
One of the key ways to keep your job is to increase your value to Baker Hughes
Many ways to do that outside of working more, including self improvement, enhancing your efficiency, taking training courses, completing Achieve modules, reading relevant books, attending conferences, networking, etc.
Stupid racists with no qualifications or education post here but are too dumb to be a team player.
This racist crap about ethnicity of Indian people is the greatest indication of failure. Blaming others for jobs you could never do and never have without a education or degree. You think its the bottom up but no skill racists are the first ones to... — read more
This is the most depressing worksite ever!
I chanced upon this site googling a coconut curry recipe. All you people are talking about is the possibility of losing your job! Such negativity is very unAmerican!
Life after BHI
Just had a look at some of the doom and gloom posts on here and i am amazed that you folks even reply. I was BJ BHI for nearly 20 years and left with redundancy and never looked back . got another job, not as well paying but i have no travel costs or... — read more
Latest tally: Schlumberger, Baker Hughes and Halliburton have slashed 46,000 U.S. jobs
Schlumberger: 20k. Baker Hughes: 13k. Halliburton: 12.8k. Expect a very rough 2016 with more pink slips ahead. That includes mass layoffs from the likes of Big Oil companies like BP, Chevron, ConocoPhillips, Shell and ExxonMobil that have so far... — read more
Vague vaguery at vague location. The sky is falling and people are getting slapped on their way out.
It's terrible.
Congratulations! Baker Hughes achieves another Perfect HSE Day.
Congratulations! Thanks to your hard work, Baker Hughes achieved another Perfect HSE Day yesterday, with no recordable injuries, no vehicle accidents, and no harm to the environment. Discuss this achievement with your team members, thank them for... — read more
Texan Confederate tea party conservative Christian
The problem with America is that we have too many wet-back (Mexicans) here trying to be white. Stop making an ass out of yourselves.
Perryton
Closed Perryton yard on monday. Word is employees got cheated on severance.
Skitzology
"W"
Next major layoffs before October 21, 2015
Baker Hughes will release detailing operational performance and earnings for the third quarter of 2015 before the market opens on Wednesday, October 21, 2015. For the past several quarterly earning reports, the company has announced major layoffs... — read more
20 percent of the district workforce to be laid off. Keep fingers crossed.
Just found out last week that our district is going to layoff 20 percent of the workforce. The atmosphere of the layoff decimates morale from top to bottom. Anyway the layoff will be seniority based and I'm about middle of the pack so I guess I'll be... — read more
Bad news in the western geo..
As you know, Brighton suspended it's fracking operations and I don't think it will be long before Dickinson does the same. Their one customer, Continental, has decided to suspend all fracking until 2016. Big red is still positioning themselves to... — read more
North of 49
Just wondering what the word is in Canada eh! Any word? Seems every other pumping company is working, our trucks are just parked! Something coming?
The Real News Post
Another stinky Indian curry at Rankin today.
BAKER HUGHES SAN ANTONIO
NO Not really.. Try SAN DIEGO TX . THE old Alice Yard runs and operates and dictates who stays! and who goes! Sorry! The truth shall set you allfree!