Does Halliburton have a plan? Clean the house of high earners with knowledge and backfill with their underlings. Sounds like a win win proposition. NOT
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I am so glad I was let go during the 2015 layoffs. Being laid off was not totally unexpected. I was going to retire that fall anyway. It is, however, sad to see a once great company just fall apart.
@mlw+1toAtIxp It will never recover. At least on the manufacturing side. Halliburton's plan was to outsource all manufacturing in the US and everyone that side knows it. If anything COVID saved a ton of our jobs. I've seen it now over the past few years, anyone with a brain that enters here sees the future and leaves ASAP. No one will stay long enough to gather that sort of deep expertise. Just look at how quickly PGL's or even Managers rotate.
Halliburton is a legacy company that depends less on innovating and more on raw footprint and size. The pay it's not competitive, it has no real growth opportunities unless you had nothing to begin which means your talent pool is essentially entry level people or people that are trying to recover and will leave as soon as they're able to.
There's nothing really look forward too because lets face it as much as they talk about succession planning or skills matrixes what they truly want are PGL's and nothing else. It's a massive company, it's not going anywhere but that's the problem. The best people don't want just that. They want growth, challenges, pay, camraderie, etc.
Because we don't have that we just won't get quality personnel.
There is never a plan. Look what happened during Covid. Majority of senior people were let go due to their high pay because when it comes down to it, each manager is specifically given a target # they must achieve with respect to budget. That number is never achieved by releasing lower paid people. It will take a decade to recover from the expertise lost during Covid.