Rig Count Collapse Continues Despite Jump In Oil Prices By Julianne Geiger - Apr 24, 2020, 12:21 PM CDT Join Our Community drilling Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 64, falling... — read more
Baker Hughes Co. is cutting jobs and reducing capital spending by 20% as it tries to save cash and ride out one of the worst energy downturns
Baker Hughes Cutting Jobs, Spending After Oil Prices Plunge Oil-field services company preparing for steep drop in oil investments that sustain its businesses Baker Hughes reported a $10.2 billion loss for the first quarter on impairment and... — read more
Emmott Rd Layoff
The next line for a major layoff will be the Emmott Rd facility, this will include contract workers too.
Salof and baker hughes
Does anyone know why does baker hughes never issued a cease and desist Letter to Salof. We purchased salof in 2013 in hopes to enter into the LNG and CO2 business. We acquired the facility and technology. In 2017 Salof Ltd. (Same owner) was formed... — read more
Baker Hughes posts $10.2 billion 1st-quarter loss after write downs
https://www.houstonchronicle.com/business/energy/article/Baker-Hughes-posts-10-2-billion-first-quarter-15216793.php
Baker Aberdeen to pay off 40% of all staff this year.
Baker Aberdeen to pay off 40%. It's been leaked this morning by HR that due to the new oil price and huge reductions of north sea work that Baker will now be cutting at least 40% of its Aberdeen work force.
Strong rumours this morning that Aberdeen Decom group will be disbanded due to their "smoke and mirror business plan"
Apparently HQ have lost patience with this business's failure to deliver on their business plan. 5 years of costs and no returns have management in HQ at the end of their tether. Its all over for Aberdeen Decom now.
Consolidation of completions equipment plants
Strong rumours coming out of Houston as to consolidation of completions equipment manufacturing facilities, Singapore and UK along with us plants may have to be amalgamated to fend off current situation and survive unprecedented conditions. Hope this... — read more
Any more layoffs in NAM upstream chemicals?
Warehouse/materials folks?
Key workers
Oil companies being charged to take away crude oil en route to storage facilities that are full. Global oil glut yet key workers must still risk their necks to produce more because its vital to national, interest what?
Any layoffs at sugar land west airport office
Any layoffs at sugar land, west airport office.? Any word if location will be shutdown?
WTI $15
This is brilliant news for Decom.
Panametrics pay cut and layoff
6 gone and 20% pay cut.
Baker Hughes (NYSE: BKR) laid off 234 employees this week.
Hundreds of layoffs hit oil field this week. Chesapeake Energy (NYSE: CHK) laid off 200 workers in Oklahoma on Wednesday, half in the Oklahoma City headquarters and half in the oil field. Baker Hughes (NYSE: BKR) laid off 234 employees... — read more
Now it’s time for Baker Hughes Europe
Now that Baker devastated North America of some incredibly talented people it’s time to wipe out the underperforming European group.
USL NOW PART OF GULF
DS shop in OKC shut down completely. Tools go to LAE. People in ops, SD, and AMO there most will get laid off. A few are offered to move to LAE. We r done.
How did you get laid off if you are working from home?
I just got a random meeting invite with my manager and a random HR. Is this it? As in, should I expect being laid off?
Brig of doom
Co co and weegee dwarf. Times up surely as no broom stain to save them !!!!
Kudos to The Bridge
Last night everyone at the Don volunteered to repurpose our old mosquito nets into personal protection face masks. We have been handing them out to the public all day long. Baker always takes care if the local community!
Another glorious day in The Granite Ciudad
Surf’s up, sun is out and Proud to be wearing Baker Blue!
6 decom staff all on linked in paid off by Baker Hughes last 24 hours.
Don't believe the lies on here about decom , go into linked in today and see there are 6 different decom staff all looking for work after being made redundant in the last 24 hours. Two of these people have been working for Baker for over 10... — read more
Aberdeen suffers massive fall in house prices with oil down turn and far from finished
Aberdeen suffers fastest falling house prices since oil downturn with possible 30% drop this year, says report Oil downturn of 2015 blamed for decline in Zoopla figures SHARE BY INSIDER.CO.UK 00:01, 16 april 2020... — read more
Okalahoma Layoff
https://www.houstonchronicle.com/business/energy/article/Baker-Hughes-lays-off-more-than-200-people-in-15202634.php
Navigation closure
They are closing down Navigation plant
What do the packages being offered look like?
I have heard conflicting reports. What are salaried employees being given?
Layoffs at Houston Facilities.
Layoffs happening this week. Brace yourselves, its going to be a rough ride.
Layoffs at westway Houston?
Any layoffs at westway? How is the turbo machinery group and lng business? Is florence on shutdown?
Borr Drilling urged to reconsider redundancy plans for 230 North Sea workers
Borr Drilling urged to reconsider redundancy plans for 230 North Sea workers by Allister Thomas 14/04/2020, 10:05 am The Prospector 5 rig The Prospector 5 rig Send us a story Sign up to our Daily newsletter An offshore drilling firm has been... — read more
Aberdeen jobs in freefall. KCA Deutag is consulting on making redundant its staff who work on behalf of Total, EnQuest and Canadian Natural
Around 200 north-east oil workers are to be laid off – and staff are furious they are not being furloughed. Portlethen-based drilling firm KCA Deutag is consulting on making redundant its staff who work on behalf of Total, EnQuest and Canadian... — read more
Baker Hughes Pursues $1.8 Billion Restructuring Plan Amid Oil-Price Declines , pay offs now underway.
Baker Hughes Pursues $1.8 Billion Restructuring Plan Amid Oil-Price Declines Oilfield-services company expects to book $15 billion in noncash goodwill impairment Baker Hughes also plans to cut 2020 capital expenditures by more than 20%. Baker... — read more
Does GE still need all Immigrant (H1B, L1) Visa
With all the doom/gloom of layoff, why does GE still need Immigrant workforce? Should GE stop sponsoring them and hire American first ??? I am so glad that all the Casholes from Italy are no longer in Houston