Topics regarding layoffs at National Oilwell Varco Inc.

Topics regarding layoffs at National Oilwell Varco Inc.

NOV UK

How long will NOV keep all our operations open. I have it on good authority that there are no operations in the UK making profit. Judging by the place I work, I can jolly well believe it. You can guess where I work by this clue - we have only ever... — read more 

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| 2960 views | | 8 replies (last July 25)
Post ID: @OP+1jy10vvje

What happened to NOV

How did the company devalue itself so much? In 2024 the share price was over $80. Its been as low as $10.84 in the past year. DNOW share price's are now higher than NOV's when at the time of spin off they were a fraction of the NOV value

Grant Prideco layoffs coming…?

Too many closed door meetings going on with Tramels good ol boys. If you are not part of them you need to start looking. About to trim the fat. Anyone from Navasota concerned?

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| 1430 views | | 3 replies (last April 24, 2025)
Post ID: @OP+1jsgx4jn5

Organizational Announcement

Does anyone else report those as fishing? I don’t care about some big wig at the top getting a promotion, raises and bonuses. That has nothing to do with me. Keep that trash off my computer unless they are gonna spread the wealth.

Hours cut down to 30hrs

Was told NOV rolligon employees will be getting cut down to 32 hrs a week. Pretty sad for employees alot of good workers are either gonna have to bear this change or time to start looking elsewhere. But it's not looking good for future 2025..

Engine Room

How annoying is our CMO/CDO/DODO/Red-M(0r0n) on the Engine room. This has to be the worst podcast / youtube interviews ever. How this "executive" is able to waste valuable money is beyond me. He must have some good stuff over the Chief Elfecutive... — read more 

Thigpen is coming back

Look at Transocean's announcement, Thigpen will bring balance to the force and rid of the Varco Siths.

NOV ORANGE

should have never closed the orange plant!

WLY Layoffs

I heard they let go some folks from Top Drive department. Anybody know what other departments they’re looking to downsize?

NOV-They have lost their Humanity!!!!

After 32+ years with this company, I was laid off and walked out without any emotion what so ever! Oh, I understood the numbers related to the business and they weren't good then and for the foreseeable future, but, to treat an employee that has... — read more 

Layoffs NOV

Layoffs have already started at NOV. Yall be aware.

Bonus

Any word on bonuses this year? Should be coming this month

Pulse Survey - Quantity of Management

Does NOV have too many managers, sr. managers, directors, sr. directors, VPs, Sr. VPs, and presidents? Strongly Disagree Disagree Neutral Agree Strongly Agree Your response is anonymous. Your comments are welcomed and appreciated. — read more 

Where is Pete Miller

Pete, we need your hep. Save us. Get your old team together. And get rid of this current bunch. We really need help.

I used to think….

I used to think these posts were just unhappy people who just wanted to make others share in their misery…then NOV in its great wisdom decides without a second thought, or any sort of thought process at all to close facilities purely because they... — read more 

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| 1730 views | | 5 replies (last January 22, 2025)
Post ID: @OP+1jj3e9v42

Happy days

How’s the lads, happy campers, smiling faces, low life’s look after low life’s, nice people become richer, amen 🙏

Current Management

The current management team needs to be replaced. The CEO has had his opportunity in the last 10 years. His financial controller has sat around and not done anything. The share price is terrible. How long are people going to put up with this malaise?... — read more 

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| 1830 views | | 5 replies (last January 15, 2025)
Post ID: @OP+1w44AXWM

How's Everyone Doing?

Any news of upcoming cuts? Being near the holidays, I hope there are no more cuts. The stress is getting old quick.

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| 1040 views | | 4 replies (last January 9, 2025)
Post ID: @OP+1vB3Uu9U

Big meetings in Tulsa

I heard NOV had several conference rooms booked at a Tulsa hotel this past week. Any truth to that? Important meetings about something? Asking for a friend.

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| 360 views | | no replies yet
Post ID: @OP+1vhgQfWu

Any updates on layoffs?

Most of us expected them to continue. My team hasn’t been affected since, but that doesn’t mean much. So what’s the latest?

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| 910 views | | 2 replies (last October 21, 2024)
Post ID: @OP+1v4PoYX0

Mother of all toxic workplaces

Our industry is definitely not famous for fostering basic decency and respect for employees. But NOV takes the cake.

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| 1763 views | | 7 replies (last January 9, 2025)
Post ID: @OP+1uHNfSaZ

Inspection hit yesterday

Yesterday they lay off most of our managers at once. The VP is running it now. They put some foremen in charge for when he is not here which means all the time cause he’s never here. What is he thinking? The other day he fired our directir manager... — read more 

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| 2310 views | | 16 replies (last December 12, 2024)
Post ID: @OP+1uzattlK

Layoffs this week?

Please post any info you have. Rumor is that notices are being sent out this week.

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| 712 views | | 1 reply (September 9, 2024)
Post ID: @OP+1uqaWySZ

What’s with layoffs?

There was a rumor about the first week of September. Any fresh information?

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| 800 views | | 2 replies (last September 7, 2024)
Post ID: @OP+1unYZawv

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