I can't believe this... It's going to be more horrific than I originally imagined. http://tinyurl.com/oqzetu9
Are Layoffs Different This Time Around?
Hi all - do you feel that this round of layoffs is a bit different than the previous rounds we went through. I survived four rounds so far but this time there is more uncertainty and more anxiety, I think. I think that the acquisition is fueling this... — read more
From HAL's board
This is a copy/paste job - taken verbatim: What story do you want, the HAL way of layoff? People are called to a secret HR office and are asked if they have their car key, personal cell phone, and wallet with them. If no, the manager is going to get... — read more
Drug Testing at Baker Hughes
Please excuse my ignorance as I work in Finance - why are we doing all the drug tests our folks are reporting here? Is this a regular thing or another scheme to eliminate people?
Note- oil company news today (Shell, BP, CP, etc)
More capital spending cuts coming than announced previously. Even less demand for oil service companies this year. Its not infeasible we could see a 1980's style crash for O&G in Houston.
Broussard is getting hit today.
Expect conferences rooms to be booked today through next week in Broussard. All product lines and facilities. Good luck.
What do you think, how many employees saw this site?
Went to lunch with 2 buddies of mine, all three of us were reading this site independently. Judging on thousands of views per topic, there must be a lot of people visiting. So, what do you think, how many employees saw this site? 5%, 10%?
Here is a small service company going belly up (SMCO)
http://www.oaoa.com/article_af17a2b2-38f7-5559-9b73-b794c693d63c.html?mode=story
Mysterious call
Got a call from HR the other day wanting some personal information for their records that they did not currently have. Has anyone else gotten a call? If so, what does it mean??
Distribution of Layoffs
I know that the C-level folks are not talking about geographic distribution of the announced layoffs. Just wanted to start a thread and see what do you all think will happen geographically? Are we talking 7K in the US? 400 in Tomball? Any guesses?... — read more
OKC area layoffs?
Does anyone have any information on when the OKC area will be affected and which groups will be targeted? I've heard rumors about today and tomorrow, but haven't had much luck finding any other information.
Severence packages?
What kind of severence a are being given?
Any news on PPS?
Has anyone heard if there will be layoffs in the pipeline division? Data analysts? Field analysts?
Layoffs (Tomball)
We are getting hit incredibly hard
Looks like the 7,000 is the first step
See http://finance.yahoo.com/news/barclays-goldman-forecast-bearish-first-160140987.html If this holds true, more cuts coming in 2nd and 3rd quarter. And this does not account for merger/redundancy cuts.
It is starting
Rent a cops are in place and conf rooms are occupied
CTI
CTI will get hit tomorrow. Technology will not get hit hard. They are trying not to touch technology.
Reporter looking for help
We are producing a series of radio stories about people affected--positively and negatively--by lower oil prices. If you or someone you know has an interesting story to tell that would help outsiders better understand what's happening, please contact... — read more
Baker Hughes Pressure Pumping layoffs 2015
Do you know who got affected here?
Real Estate Prices (effects of Oil prices drop)
In your opinion, how is the drop in prices going to affect real estate prices in your area. I am in Houston and prices are stable, one would assume that we'd see a huge drop as less money will be coming into the local economy. I bought my house in... — read more
Layoffs
This is what a typical morning if rumors sounds like at Baker: Employee V: This city is headed for a disaster of biblical proportions. Employee M: What do you mean, "biblical"? Employee R: What he means is Old Testament, Mr. Mayor, real wrath of God... — read more
Anything?
Has anyone heard anything about Tomball PP?