There have been more layoffs at NBT today. Any word on when they will be finished laying people off?
Halliburton Baker acquisition is dead
They so screwed this up its incredible and now they have to pay the price. Next time you want to do a big acquisition take some time to think about it and perhaps even plan it or do a risk assessment. If that doesn't work go talk with Schlumberger... — read more
Calling in Cheney to close the deal
Da deal be dead
Landmark for sale?
Read elsewhere that Landmark is for sale. The management made questionable acquisitions to replace the ageing cash cows such as TOW production application. Clients started moving to competitors' products one by one. Now 3 years after the acquisition... — read more
Duncan is closing
4 managers jumping ship to Houston closing this duncan site down
Canada updates?
rumor penn ran us off a rig... werent happy there pre-ferd dd was pulled for a good ole boy... customer always right in the end... any-other news?????
Bellair hit hard this Wed and Tue
Saw many security vehicles at the front gate.
Overlapping WLP to be a part of divesture?
Anyone else heard about this?
Gulf of Mexico layoffs?
Anyone have any insight on the GOM? I haven't heard of much activity but then again March isn't over by a long shot.
Norway .scotland pay offs
We hear big pay offs in Norway along with more in aberdeen again so when is this going to stop I don't suppose it will as halliburton go by quarter results for share holders and forget about there staff which are not large share holders but have... — read more
Closing down of one BSC
You guess which one?
EU Sets July Deadline For Halliburton-Baker Hughes Decision
European antitrust officials are to decide on Halliburton’s proposed purchase of Baker Hughes by July 11. The European Commission stopped its investigation into the oil-field service providers on Feb. 18 to gather more information from the companies... — read more
Halliburton Stock Tumbles as Oil Retreats
Halliburton shares are sliding 3.43% to $34.61 on Tuesday as oil prices fell on Kuwait oil minister's remarks and Goldman Sachs' (GS) bearish outlook. Earlier today, Kuwait oil minister Anas al-Saleh said it will agree to a production freeze only if... — read more
To all my boys in San Antonio run boys if your job isn't behind a desk field hands over 40 or 3 years with company are next Gota get payroll
Down to boost profits to keep stock price up till merger goes thru then baker hughs will be swallowed and done away with and the shift away from man power to a logistical service will begin the plan is minimal ppl and massive profits
Look at the bright side...
OPEC is handing shale producers their arises on a silver platter... I mean beating the living tar out of them. Most shale players will go bankrupt or fold within the next 6 months if they haven't already. This means the Hals, BHIs, NOVs of the world... — read more
Who & How? I think this could be different. Please help me understand!
Last year the people laid off were done so based on the "vital curve" method. With seemingly all A/B people left, how do these next rounds get decided? Is it purely cost sensitive now (based on the pricing concessions & lack of work). I read previous... — read more
Still hiring but yet laying off; straight from the Halliburton website
Global Services Geoscience Practice Lead Houston, TX, US, 77072 Mar 4, 2016 US Houston Sr Engineer - Industrial Manufacturing Houston, TX, US, 77064 Mar 4, 2016 US Odessa Operator Assistant II - Logging and Perf Odessa, TX, US, 79763 Mar 4, 2016 US... — read more
Oil Prices Rebound, Top $34/bbl, Halliburton announces massive hiring campaign.
From today's Houston Chronicle, Dave Lesar, CEO of Halliburton, announces that although the current scheduled layoffs will continue, to rid the company of "non-productive, deadword, mainly those who are over compensated and have more than 3.5 years... — read more
Need an employment lawyer? Rich can help you: @GfweOns
Need an employment lawyer? Rich can help you: @GfweOns
Bellaire Hit yesterday bad whole team wiped out
Bellaire Hit yesterday bad whole team wiped out. Praying for everyone out there in the industry!
Imagine becoming a manager and failing everyone who counted on you. That's what I witnessed.
Imagine joining a new team of Management 4 years ago in Halliburton. You take over a PSLs district reigning in revenue of almost $200 million in a well oiled machine. Over the months you reward undeserving friends into cushy jobs with the thought of... — read more
Just read my old boss resume...should I interview him?
After 15 yrs contributed to big Red I got let go 8 yrs ago from a hateful boss because I wasn't part of his Accenture! My old boss is applying for a position in my team today. Should I consider him since I have 76 other qualified candidate? I am... — read more
I can't stop drinking
Got the 'ole heave-hoe Monday. I'm 55 years of age and spent most of my adult life at big red. Expected to stay on through the downturn but I'm white, male, and over 40/so am a target. Been drinking non-stop ever since...you name it, I drank it. I'm... — read more
Who is she
Anyone know who Anja Dreyer is or where she came from? She showed up here at WFT and need some info
Halliburton and Baker Hughes Are in Trouble If Their Merger Falls Through
The odds are increasing that a tie-up won't happen. That's bad news for both companies' shareholders. In November 2014, Halliburton and Baker Hughes agreed to merge, pitching "highly complementary product lines" and "nearly $2 billion in synergies"... — read more
WEEK ONE ~ SEVERAL WEAK ONES.
Hang that cloud over my head. Suppose to focus but play instead. What exactly do I do? Sit & Wait, they'll come get you. "Lay them off". How many, 2? "Start with that, right in this room". Moronic mighty mortal men, playing for profit, cuz... — read more
Oh Williston, when is it going to come?
So we sit here waiting for the inevitable, but time is just dragging on. Are we waiting for a heavenly sign or just an habitually absent HR rep? Get it over already!
Canada reduction
Know the inevitable is coming. Can't do much about it, but wish it would just be done with
June redundancies planned already (business dependent)
Believe it or not, plans are already drawn up for a second round of redundancies for Houston area contingent on Q2 performance. When will the bleeding stop???? How profitable can we be with the constant threat of redundancies?
Another Sign That The Merger Is On Life Support
"Most recently, the European Union’s regulatory authorities said they would suspend their deadline to review the deal, which could push the final decision into the summer." Dave is succeeding in destroying the company, way to go Dave!