Topics regarding layoffs at Baker Hughes

Topics regarding layoffs at Baker Hughes

GE's quick exit from Baker Hughes stake a terrible few year for BH the once great company. Liz Hampton Thur,28th,June,2018

The company is in a total mess. Shares down over 20% on merger Down 170 million on projected profits for the year 70 million down last quarter BH lost 10 of there top mangers with over 160 years BH experince replaced by GE management who will now... — read more 

Less than a year after General Electric merged its oil and gas business with Baker Hughes, the company is bailing out with 40% loss

Baker Hughes to go it alone as GE confirms plan to unload Jun. 26, 2018 7:28 PM • SA Editor Carl Surran Less than a year after General Electric (NYSE:GE) merged its oil and gas business with Baker Hughes (NYSE:BHGE), the company is bailing out of the... — read more 

Bridge of Don

Being surreptitiously broken up into parts . Is this a portent of things to come?

GE doesn't want this dog any longer

NEW YORK (Reuters) - General Electric Co said on Tuesday it plans to spin off its healthcare business and divest its stake in oil-services company Baker Hughes, leaving the once-sprawling conglomerate focused on jet engines, power plants and... — read more 

Bhge lay offs in texas

https://www.google.com/amp/s/www.mysanantonio.com/business/eagle-ford-energy/amp/Baker-Hughes-to-lay-off-hundreds-at-closing-13017969.php

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Post ID: @OP+TRQDA3g

Company performance is indicated by it's Stock Price

Just look at BHGE stock....you will be able to see for yourself without the bull sh--. $32 / $36.00 is not going to cut layoff's Don't believe the hype...you can and will be cut without any further thought on their part. Take action now and plan for... — read more 

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| 590 views | | 3 replies (last June 26, 2018)
Post ID: @OP+TQOgyEX

RCI TANK RECERTIFICATION and I.D Tolerance debacle

Wondering if the inside dimension of the RCI Tank dimensions that were bored past tolerance have ever been addressed. We found more than 75 tanks that were bored out past D.O.T defined limits and we scrapped them. What a big out roar from Brazil as... — read more 

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| 680 views | | 1 reply (June 25, 2018)
Post ID: @OP+TQvrWIe

How many tools are red tagged waiting on materials nowadays?

Is the company still playing the game of: Senior management stating equipment standards and maint. programs must be kept timely and then not allocating any planning or funding for materials to meet these programs. When I worked for AMO as a Mgr. we... — read more 

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| 560 views | | 1 reply (June 27, 2018)
Post ID: @OP+TQI1ETr

BHGE loses another multi million dollar contract

It has been confirmed today that schlumberger have replaced BHGE on a muti million pound well intervention contract. Shell would not comment futher to why BHGE were removed at the early stage but did say that there was a serious breach of contract.

More reduancy letters going out today in Aberdeen

I am sick of the lies we get told by BHGE managers promisec no more redandcy no more cuts ECT but this morning I get the call and told will be finished in 3 weeks after 18 years service. Another 15% to go this month. The place is a joke.

Walking Dead

Since GE has dropped out of the DOW , I am hearing they might have problems paying pensions for the retirees . Now BHI gave GE several billion when GE bought BHI out . I know GE does not own BHI completely but who is going to buy Baker Hughes . Also... — read more 

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