Thread regarding Baker Hughes layoffs

Over 20000 paid off list time happened what do you think Baker will be doing this week and the months too come. Get your desks packed away.

Coronavirus: Biggest drop in oil price since 1991 in new market panic
Brent crude tumbles below $30 a barrel at one stage while investors take a wider flight from risk amid the COVID-19 crisis.
By James Sillars, Business reporter @SkyNewsBiz

Monday 9 March 2020 06:59, UK

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| 1393 views | | 7 replies (last March 19, 2020) | Reply
Post ID: @OP+13TeaDll

7 replies (most recent on top)

Any time someone says “fake news,” you can dismiss the rest of their comment

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Post ID: @akqs+13TeaDll

Oh good...taxpayers get to bail out oil companies. WTF.

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Post ID: @1iwp+13TeaDll

Glad I am out. I feel sorry for you guys. This is HR's wet dream. This is what they live for

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Post ID: @agb+13TeaDll

I can't believe this gonna be happened, so sad

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Post ID: @uvl+13TeaDll

You fool our decommissioning department is tiny as we get almost zero work as over priced as 50 other companies set up purely to do this job for half the price.
We might be advertising for staff but oil price is all that matters why then last time if it is not important did we pay off 24000 people just to balance the books???
You tell yourself everything is ok when oil just hit a all time low and off the back of a 6 year recession that's prior to the last crash oil was sitting st 120 dollars.
Baker ste losing millions and all oil companies were banking on 70 to 90 dollar oil this year and we are at 30 at the moment but yes sure it dose not matter.
Agancys all over Aberdeen were announcing last week that most contracts that were planned this year are put on hold st the moment and that's before this crash so what do you think going to happen....

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Post ID: @omt+13TeaDll

Does stoneywood have any drilling work or lose it all?

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Post ID: @hig+13TeaDll

Stoneywood is hiring right now so don’t worry about the fake oil
Price news

Indeed so are many others in Aberdeen where decommissioning and renewable market is booming and doesn’t need a high oil price

Great city to be in and to ride out the storm

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Post ID: @kwz+13TeaDll

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