Thread regarding Baker Hughes layoffs

Digital RIFs

Sad to see the RIFs in Digital. So much for investing in the future ..

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| 781 views | | 3 replies (last April 26, 2024) | Reply
Post ID: @OP+1s5szxr5

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Makes sense. Just go back to the old time and keep drilling. Digital and transformation are a scam. When they don’t know what to do they call it digital and transformation 😂

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Post ID: @9gnv+1s5szxr5

I assume this means Q1 results are disappointing (BTW Q1 results will be released on 23-Apr (after market)). Logic was that everyting should have improved after Feb layoffs, but it seems that was not enough to meet 20% margin. Lorenzo and Maria now want more cuts to keep their jobs. I wonder how Wall Street is so blind.....it's time for L+M to go.

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Post ID: @1lvx+1s5szxr5

Any idea on percentage?

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Post ID: @mwg+1s5szxr5

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