While making money overall, NOV is restructuring its physical footprint. During its latest earnings report, the company specifically recorded $18 million in write-downs due to facility closures and $28 million in corporate restructuring and severance... — read more 

Facility in Mexicali, Mexico is closing permanently. The company has ceased manufacturing operations at the plant and has initiated a total liquidation of the site's asset per this new article... — read more 

Keystone Tower Systems Facility Closure Announced NOV's Keystone Tower Systems will close its Pampa facility by early 2027. This closure will result in the permanent layoff of 79 employees. The first wave of layoffs is scheduled to begin in November... — read more 

Seems like it will only last a moment Then bye-bye

How long does it take to receive your savings fund if you leave the company under your own steam ? Does it also get taxed heavily ?

Can someone explain to me where we are going ? The nightshift want to know if the company will start to pay our netflix subscriptions to keep us occupied until you close it down.

Layoffs will be happening by the end Of this month

Lots going on without answers How long left

Here is what we do so you know: Give a tiny raise at the middle of the year… call it merit Do not refer to it as Cost of living. Policy is only one raise per six months Use q4, EOY, and budget season to delay raises till first of year During... — read more 

So we were told today we’re only get 2.5% increase this year. That won’t even touch the inflation we’ve all faced over the last couple of years. This is crazy.

They shut down second shift. No one is talking. Can’t see this circus lasting much longer.

The former CEO announced his retirement last year. Since that day, there has been a steady climb to produce a 40% increase. Coincidence? Can't blame the war in Iran since it's only gone up a little bit since then.

Nothing about this place will shock me anymore. Expect a live able wage.

Or let me put it another way, any credible news on more cuts?

The glint survey is out. Time to fry management. Not that they want the truth so why bother with a survey!

Is it true that parts of the business are about to sold off? FMS, that’s Mono pumps is apparently about to be sold one of its larger competitors! If it’s true then it’s great that we will soon be managed more professionally but I’m sure it will lead... — read more 

I'm not even trying anymore. If they want to fire me, I don't care. I'm not paid enough to work hard or give a damn.

How much longer will this outfit last till its bankrupt or bought out? 5 years, 10, ???

Everyone I talk to already has one foot out the door.

Q1 employees got there notice there last day is the 10 of February. Severance packages 1 week of pay for every year. Facility is closing and moving to Fort Worth.

Multiple layoffs in different groups.

NOV always claims their 'Workforce is Like Family.' Then, when they hit a bump-in-the-road, family is slashed down to the bone, meanwhile, upper management still gets their bonuses.

How are those bonuses?

How many US employees will be laid off when AP moves to India? Getting vendors paid in a timely manner is hard enough now, what will it be when moved overseas.

I believe in an effort to reduce costs they have now sold the offices to another company. Whilst the office space was always too large, despite grand plans from the management team, selling and reducing footprint certainly sounds like a desperate... — read more 

I was a part of NOV for 15 years. I made it up the management ladder. I loved what I did for many years. Until the internal split the company made in 2012 or 2013. An accountant was put over our business unit. That was just stupid. so was bringing... — read more 

Don't forget to set your alarm clocks back to the pump and grind tomorrow Lol 😆 🤣 😂

I worked at National Oilwell Varco for nearly three years and gave far more than was ever asked of me. I consistently worked overtime, stepped up whenever needed, and sacrificed my own time to support the company. That dedication meant absolutely... — read more 

Do you think there may be small/medium/large National Oilwell Varco layoffs? Any chatter, news or rumors?

Brandt is once again asking for toys for tots meanwhile we’re all struggling with penny's for raises. Also new people in the same division are being given bonuses when veterans of this place are not? Something’s gotta change. Management has taken a... — read more 

This company has lost there way it’s a good ole boys club they spend thousands on meetings that have no relevance just a big ole party and in same breath bi--h about a couple thousand dollars needed to keep operations going they do not upgrade there... — read more 

had a meeting with scott toller and HR rollingon will not go past 2026. Facility is relocating to forth worth. Everyone got a letter will have 60 days prior to closing. Time to look for a new job fellas.

https://straussborrelli.com/2025/05/13/national-oilwell-varco-warn-act-investigation/

I propose that there is a mid management level cull throughout NOV. Managers at the top are clueless and ineffectual, always have been/always will be. The mid level have neither direction nor personality - we require these to get back a culture of... — read more 

With all the lay offs and facilities closing, when will they off the next VERP, early retirement package? If 2nd quarter 2026, that would be 3 years since the last package. 4 years would be 2027, hope not that long.

Work is slow. I heard it’s coming.

Is it normal behavior to have a new task forced on you without compensation?