It is good to be aware of what is coming. Right now, there is a lot of complacency there.
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YES EVERY BU REDUCDED BY 30% within 6 months.
So GOM is up next. Then SJVBU? The plan is 30%. So count on I in 3 gone. All ROM's will be done in 6 months.
If the off-season PIPs pegged to the backs' of very unfortunate employees at SJVBU are not a tell-tale sign, then I have nothing to add.
SJV has largely remained unscathed, but for the measly cut of about 55 people through RAE. There is calm before the storm. Possibly major cuts are in the offing. Many people here feel that way.
October is the rumor I have heard.
Nothing known as of now. Depends on how low oil price will go and how long it will stay there