Thread regarding Newpark Resources Inc. layoffs

Bye Bye Newpark

Ole King Cole will be proud to see the Newpark whale beached, bloated and left to rot. Morale is so bad here no one wants to show up. Vollands arrogance and lack of business knowledge is certainly showing. At least with Bennett we had a voice. You speak up now Faggott Phil will chop your tongue off. Many wrong moves followed by more wrong moves. Operation managers on the take. HR, marketing, IT, Glass Palace Corp overhead out of control. Bloated sales staff, golf memberships, exorbitant hunting lease costs to the tune of $300k per year. Uncontrolled opex, you name it we have it. Paulie take your toupe off and clean out your ears and start listening. Our new creed seems to be if you look good, have fake hooters or party after hours with da boss you are protected. You were warned

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| 2411 views | | 16 replies (last February 24, 2016) | Reply
Post ID: @OP+FZ8x5Xu

16 replies (most recent on top)

You lost me LOL what you mean Joe Blow

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Post ID: @7bxq+FZ8x5Xu

My ouija board sez it will be north of da red muddy river and east of the mighty miss. Don't ride til ya get throwed.

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Post ID: @7ovu+FZ8x5Xu

I really can't see Katy Tx is gone anywhere JOE

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Post ID: @7fhd+FZ8x5Xu

West Tx Bet

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Post ID: @7ccv+FZ8x5Xu

If I was gambler, I would bet you that NDF closes at least 2 regions b4 June. Anyone dare to guess where?

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Post ID: @7nel+FZ8x5Xu

You really don't think Q1 numbers are going to be better, do ya? Declining rig count, less mat rental, no decline in corporate op-ex, spending money for black hole in Gulf. Not to mention negative operating margins. Hell, my clear water machine was a drop in da bucket compared to how much ole Paulie is spending. We shall see in 60 days bubba

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Post ID: @7hom+FZ8x5Xu

More lay off in June really where U think not in Katy TX I hope U might be right about the Lay off but I can't see it in June may be later on in the year if oil don't bounce back what make U think there will be more layoff in June and where

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Post ID: @7pas+FZ8x5Xu

More layoffs by June. Pay cuts were minimal, didn't affect 70% of the workforce. Paulie is getting backed into the corner and about to get spurred real good. Rig counts dropping like a turd in a toilet. Oxford Phil needs to take his work visa and go back home. He has failed miserably and tore down everything that took years to build. No morale what so ever. Even the mighty Permian can't make a buck anymore. NDF has a big hole and is taking on a lot of water. Tootle do

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Post ID: @7rpy+FZ8x5Xu

LOL well I wonder where you are getting your numbers from N Park from what I see don't look bad they do have money and also into to Matt's how long do U the it's going to take before all this that U saying are going to come to head Do U think they going to do anymore layoff what U think or see

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Post ID: @7cvd+FZ8x5Xu

I ain't never met a horse that couldn't be ride or a cowboy that hasn't been throwed. Don't ride til ya get throwed

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Post ID: @6fse+FZ8x5Xu

Well I going to hang in here until the jack A fall and then I will get my bits out of his mouth let the sob die but until then I going to keep on riding Hey he don't look good LOL I will keep my eyes open U might be right

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Post ID: @2pcr+FZ8x5Xu

I don't really have a dog in the fight but Joe Blow you can't be that dumb. $83 mil q4 loss along with a -69% operating margin. Don't know where u went to school but where I went those are absolutely pathetic numbers. The pay cuts were minimal at best. Sure, Katy folks are gonna paint a pretty picture, that's what they have been programmed to do by Howes. Two steps forward and right hand in air "Heil Howes". King Phil is just an extension of the corporate culture at da Park and he is busy grabbing his ankles when BSor PH enter Katy.

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Post ID: @2cup+FZ8x5Xu

Well that's not what I heard thing are going very well in Katy I don't where you getting your info from but they did take 10% and stop matching 401k something is going on

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Post ID: @1xeg+FZ8x5Xu

Ya Damn right it's that bad. 52% reduction in North American workforce so far. <4 rigs Okieland, <3 rigs in NE, <10 rigs in Rockies, <20 in Permian motherland, Gulf don't even ask. Only area holding up is N Lowsyiana with Magoo leading da pack. But never fear Oxford Phil has it figured out with reports, marketing plans and complete account Mgmt. Da problem is he is too dumb to figure out who is pencil whippin all of the BS reports. Talking to Phil is like watching Beavis and Butthead, His favorite answer Huhh I don't know. What an Asswipe

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Post ID: @1nsn+FZ8x5Xu

Are thing that bad out there come on realy

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Post ID: @1qvi+FZ8x5Xu

Salesumm, you are dead right I am happy. Nothing like seeing the greed at the Glass Palace crashing back to Earth. When everyone sees the incompetent NR management, they will be astounded. Howes has been luckier than a 10" billy goat, now he is seeing the effects of a real slowdown and NDF in runaway mode. Mud losses my a**. The cash cow has disappeared and his hand picked boy Oxford Phil is failing miserably. Ole King Cole is happier than a 2 peckered billy goat. Hope the board finds another replacement soon, my stock is sinking like a $100 dollar bill at a strip joint. Can't wait to see a 4 sale sign on Mason Road. Tootle uh

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Post ID: @1ssy+FZ8x5Xu

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