Thread regarding Baker Hughes Inc. layoffs

I see many have stated their own views about their co-workers and other product lines but is this deal with Halliburton good for the oil industry or just a select few that stand to make a mint off if it? If the buy out of Baker Hughes goes through it is obvious Halliburton took out competition. Competition as we all know is healthy for the market and usually employees are treated better. Halliburton will become bigger and stronger without doing it themselves as they have stated they can not be as big as Schlumberger without Baker Hughes. If it does happen you will see your wages drop, your benefits reduced and your work hours cut and this is exactly how Wal Mart treats their employees. I am sure you all have seen hours drop and mostly due to the market but I guarantee Baker Hughes and Halliburton would not be making such decisions that they are doing now if this buyout was not also impacting their decisions. If this deal does not go through Baker Highes has already many decisions to cripple itself and its board member should be irate at this point that Baker will never be the company it was over a year ago. Halliburton will suffer also but it won't be a long term effect and they will go on doing their business and only have to worry about Weatherford and we know how that company is ran. This is such a bad deal and I am sorry for all of you that have to ride it out because the market is not offering any other alternative.