Should we expect more cuts considering a bad Q2?
10 replies (most recent on top)
@11a Don't be worried about that... The headcount is dropping faster...
I'd be worried more about the consecutive rig count drops that are happening, less drilling=more layoffs https://sg.finance.yahoo.com/news/shale-stumbles-again-u-rig-171747149.html
@t2 not even that. Worst stock performance under OLP 30% down YoY that’s an achievement itself to be worse than PK. Kudos.
Profitable organization but no increment to ground force; shareholder is the people they treasure only.
You mean the quarterly musical chair event
@f2 correct all good nothing was wrong
What was bad about it? Performance YoY was down but it’s a tough market, overall the results were fine
@dz People First! the only point we missed is that those people are not employee but shareholfers!
Good to hear we need to protect shareholder value at all costs
i think all companies in the industry will go thru another line of cuts