I hear they are hitting Duncan Technology today. Has anybody heard anything about that?
Furlough Ending on Monday, May 4th at NBC
TO: All North Belt Employees FROM: Lawrence Pope, executive vice president of Administration and chief HR officer SUBJECT: North Belt furlough ends Monday, May 4 On May 4, the North Belt campus furlough exercise will end... — read more
C.O.E. (Casing) in Houston hit.
Quite a few gone from a tight knit family...you will be missed.
DMC
I heard this and I heard that. stfu we all know how rumors fly around this place. Just show up until they tell you not to
Halliburton lays off 384 San Antonio workers
Oilfield services giant Halliburton Co. has laid off 384 workers at the South San Antonio facility that oversees its Eagle Ford Shale operations.
Layoffs beginning in houston
As of 15 minutes ago they are "walking" people out.
DMC
What's the latest rumors? 50 percent RIF? Happening all week next week? What's the scoop.
40% workforce reduction at HQ
We need to slash the overall spending by 50% as mentioned during yesterday’s conference call.
Burleson Sperry
I'm wondering what's going to happen here. Since layoffs are happening all over.
Changes needed at HAL immediately
It's painful for me to see what is happening in our industry and HAL. These are unprecedented times, and for better or worse, several changes are needed. First, the senior executives must stop micro-managing their employees. It happens far too... — read more
U.S. oil price collapses to less than $0 as storage fills up in coronavirus pandemic
The price of U.S. oil plummeted below zero Monday, as the sudden loss of energy demand during the coronavirus pandemic pushes domestic storage tanks towards capacity. West Texas Intermediate, the U.S. benchmark, was at one point trading for... — read more
Winners
The biggest winners in the current market situation are the owners of storage capacity—onshore and offshore. Storage has been the most sought-after ‘commodity’ in the energy market in the past month as demand was crashing, and supply was... — read more
West tx
What’s the word around this place?
-30 a barrel!
What happens next?
Depression
Linkedin is hella depressing, my feed is showing dozens of my network looking for jobs. People that made it through the last downturn with the same employer. This one is gonna hurt.
What happens when these oil companies get wise
What happens when these oil companies get wise and realize they should have been building their own tools in house and employing their own field hands? Now may be the opportunity they’ve needed to acquire some of us on the cheap. Then they control... — read more
Layoffs
Every $1 price drop will result in another percentage of planned reduction. Expect another 10% of names to be submitted to HR today.
Oil Prices Have Dropped Below $12. Crude’s Problems May Get Worse Before They Get Better
Oil futures plunged on Monday as an enormous oversupply of crude is building up at U.S. pipelines. West Texas Intermediate futures fell 34% to $11.98 per barrel. Oil stocks were falling in premarket trading, with Exxon Mobil down 5.4%... — read more
Halliburton books $1.1 billion charge in low price outlook
Leading fracking firm Halliburton reported a $1 billion first quarter loss and $1.1 billion in impairment charges on Monday as it gave a bleak outlook for North American oilfields after the coronavirus-driven oil price decline. Prices have... — read more
Service companies are done
How will service companies like Halliburton, Weatherford, and NOV survive this? Especially NOV. They were already in trouble before this slump.
To the Houston/Admin building and JM haters, what exactly would you have done to run things better.
There's so much crying about the Admin building and JM on here, and not one post about what should have happened. What exactly should upper management have done. Should they have not hired more people, and not expanded to take work when the... — read more
Nero Played his Fiddle While Rome Burned
Who is Halliburton's Nero? Who is enjoying their plight? It could probably be anyone. WTI going to $17 next month.
Just a Hear say question
I overhead a conversation in a grocery store halliburton was pulling completely out of Oklahoma. Is that true or just b—s—?
Jeff Miller Compensation way above the median.
Did JM reduced his salary ??? If so that is very nice of him. His base salary less than 2 million a year. His total compensation is about 17 million. So while every body gets laid off he is still making a big chuck of money. Read the... — read more
Fort lupton
Is there any new on ft lupton camp this coming week
Now for a song
Dear JM, I don't think I like you anymore, Used to make my work feel nice, Now I'm starin at the floor, Ohhhh, Dear JM, I don't like you anymore. You used to think I had some worth, when you'd make your speeches, Now I feel like I've gettin... — read more
Accounting expats when everyone is laid off
Can you believe expats in north america are still in place with so many qualified ppl in the market? Whos d are the blowing?
Does a furloughed worker get paid?
Does a furloughed worker get paid? Disclaimer: I do not work for Halliburton.
More Odessa layoffs?
Heard supervisor layoffs next week
Nothing about HCT?
Haven’t seen anything about HCT. Is HCT not getting touched at all?
Sperry Software countdown to lay offs
My best advice to the Sperry Software managers is: Since toilet paper is scarce now you still have the option of using the pages of the 100 years Halliburton anniversary book you got for free. So long s—ers!!!!!
Casper
Is casper getting hit? And which PSLs?
Round two!Th
There is nothing gonna keep from the 2 quarter to have more layoffs, the collapse gonna last awhile.
Denver Layoffs Monday
More layoffs coming to the Denver office Monday. Reports are that this round will be twice as bad as this weeks.
Will they ever be done with Kilgore???
What, are they planning to cut EVERYBODY here?