Today Baker Hughes started layoffs in various regions. Baker Hughes is eliminating 3,000 jobs. The layoffs, which are effective immediately, represent 5 percent of Baker Hughes workforce. The layoffs will take place in North America, Europe, Asia... — read more
Oilfield is a wild jungle
Halliburton didn't force Baker Hughes to sellout to them. Baker was on the market for anyone to buy. Why not take up the opportunity and buy? It puts your business that much further a head. After all, isn't that what businesses strive for? And to say... — read more
BHI and Halliburton to hire 500 mechanical engineers in Houston in 2015
Yesterday I heard there is verbiage in the contract with Halliburton acknowledging the challenges facing the service companies, the outlook for dividends for 2015 looks bright. 2015 should easily set another record for cash dividend payment. The last... — read more
BHI global layoffs
Baker Hughes Laying off 20% of employees globally
10% Layoffs in EH starting 1st week of January 2015
What do you know about this round of layoffs, are you affected?
Baker Hughes laying off workers
This is happening as I write this, but there are not comments here? Why?
Oil and gas layoffs 2015
Post here if you have any knowledge of layoffs in general. I am pretty sure we will not be the only folks with pink slips, the whole industry is shaking. In Houston real estate folks think the real estate prices will go down 10% next year, they are... — read more
2015 Layoffs at Baker-Hughes
There is a perfect storm brewing here. With oil prices in free fall, a number of government moves that do not help, a fairly incompetent and greedy leadership with flawed strategies. We’ll see what happens, 2015 will be a very interesting year... — read more
It has begun!
Baker Hughes has begun layoffs now that the acquisition has gone through.
Bonuses
do you have any thoughts on bonuses?
Halliburton Acquisition Layoffs
Do you guys think we'll have cuts if the acquisition goes through? Who do you think will be the most affected.
Possible Cuts
Possible cuts here: Baker Hughes, Centrilift, Baker Oil Tools, BJ Services, Baker Atlas
Baker Hughes layoffs in Williston
Anybody heard anything on this topic? I heard that Williston may be affected.
2014 Layoffs at Baker Hughes
Anybody has more details about layoffs planned for the second half of this year? I hear that there will be a big reorganization and that we'll be letting people go.
Finance, HR and IT Layoffs
More layoffs are planned for 2014... A month or so ago the first of massive numbers of layoffs for Finance, HR, IT... I'd say around 20% were cut. Get ready, there will be no other way to improve our financial position.