Thread regarding Halliburton Co. layoffs

Drilling and Evaluation PSL's and Landmark PSL Q1 lower than expected revenue

Drilling and Evaluation

Drilling and Evaluation revenue in the first quarter of 2017 was $1.7 billion, a decrease of $78 million, or 4%, from the fourth quarter of 2016, while operating income was $122 million, a decrease of $126 million, or 51%. These reductions resulted primarily from lower software sales across all regions, as well as lower pricing and decreased fluid sales in the Middle East.

International

International revenue in the first quarter of 2017 was $2.0 billion, an 8% decrease sequentially, resulting primarily from lower activity in completion tools, Landmark, fluid services and project management.

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| 1491 views | | 6 replies (last May 3, 2017) | Reply
Post ID: @OP+N4ZtAIM

6 replies (most recent on top)

Lining there own pockets and robbing the people who work hard for the company yes the working man.

All we get is cut cut cut and these people still get large pay increasrs I get nothing for 6 years.

I cannot believe how bad this company is working sending people to houston and giving no pay and $40 a day to live on what a joke. Waken up

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Post ID: @2hdc+N4ZtAIM

who cares about this mess. dog eat dog is king in this game

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Post ID: @2nja+N4ZtAIM

Halliburton always has been and always will be a slush fund for the corporate executives and politicians. Period!

They do not care about the employees and if they run the company into the ground, they will. They do not care. Just look at what the politicians are doing to our country, they don't care.

This is the main reason that we have incompetent leadership in all ranks. They let go of most of the experienced leadership and knowledgable employees.

They pay much less for the inexperienced leadership and employees, little to no burdens and bennifits.

Meanwhile, they can still get their bonus and pay off the politicians and have the slush fund available at their disposal.

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Post ID: @2zkt+N4ZtAIM

Dave speak at its finest

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Post ID: @1cmz+N4ZtAIM

Troll

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Post ID: @1hvp+N4ZtAIM

This is fine, but it doesn't provide any info on who i need to get rid of to remedy the situation. Headwinds now are transitioning from mainly static to a complex mix of dynamic issues with domestic and international operatives queung for their best interests. We must position ourselves to take advantage of all these factors while maximizing gains pertaining to our primary goals.

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Post ID: @1djb+N4ZtAIM

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