Thread regarding Halliburton Co. layoffs

In business news today HAL stock is up over a dollar bouyed by rumors of the release of a new product. In a deviation from historical products rumors of a Hummus Dip to be offered has stimulated interest in the stock. No further info was available at time of release.

i made a hubris dip last nite that was really good - we had it with chips and pita - side of lemon, really good , oh wait a minute, what ? . Oh! my neighbor here just told me that was a hummus dip, not hubris, sorry my bad.

what psl is the most recent to release - A) a new product , B) a successful product .

Anybody?

putting money back INTO the company would prevent said monies from flowing into the pockets of the investment houses and shareholders, dividends would need to come from layoffs and executive bonuses could be impacted of course this would mean total armageddon and pay toilets , and don 't even suggest pay toilets to realystateservices.

Hey Hal instead of throwing money down the toilet why not invest it in the company?

Change is quite unlikely. In most companies after a $3.5B debacle, the board of directors would have forced the CEO to step aside. But in Hal, the chairman of the board IS the CEO, and furthermore, the word is Dave hand-picked most of the existing board. So the dysfunction is very, very, high.

So really the only way change occurs is if an activist investor sees potential for a big return and buys enough of the stock to force his surrogates onto the board - and subsequently force Dave out. Once Dave is out, they can force Jeffy out too. That's a long shot at best; Hal has little cash and a lot of debt.

Your other possibility is Dave steps aside on his own - for the good of the company. But if he didn't step aside after the egg-on-the-face BHI royal hose-up, where he was personally, personally, responsible for agreeing to that outrageous break-up fee (the aforementioned $3.5B), he never will.

Even if he does, you're still stuck with Jeffy. I don't see much upside in Jeffy. Talked to enough people who were on conference calls with the guy to know he's not the right person to lead Hal forward. Let alone change the culture of the company and regain employee trust. The word is (was) Jeffy was the hatchet-man behind most of the layoffs.

Good luck to all Hal employees - you'll need it.

Ha!Ha! The guy who gambled $3.5 billion because of hubris and lack of judgement gets a performance bonus! The bonus should instead go to the Baker Chief who was politically savvy to foresee that the deal would not go through, and insisted on $3.5 Billion breakup fee.

In response to -1nrt

There is already an over abundance of arrogance in this company, that along with the other obvious issues is what we are in the predicament that we are now in.

As for pride, there will be no pride until we get quality leadership to lead this company to what it once was. How in the hell can any employee be proud of what is happening to this company.

So, just so you understand my reasoning, you said that we should develope a bit of hubris???? The meaning of the word is to be proudful, and describes arragence.

What the heck are you saying, that we should be proud of the arragence of our leadership???? We should be proud that "Enron Dave" fouled up a hostile take over and cost us 3.5billion dollars????? Are you an idiot or what?

Say that when Hal ends up like Enron!!!!! Do you remember what "Enron Dave" did to Enron?????

So soon we all forget!

Chronic pain with halliburton as a whole seems it's getting worse.

Any word on voluntary redundancy starting again if so hurry up

It wouldn't hurt for some employees to develop a hint of hubris in their persona. If you don't have that you'll get nowhere.

Close this company down and put everyone out of their misery. It's only losers who work there now.

It's over. It's a dead duck going nowhere. Washed up has-been nobody wants to know. Time to take this garbage truck to the dump and bury it.

Regime Change -

Just despair and hopelessness all around you in HAL. A losers mentality is all you see day in day out.

HAL are finished it's game over. The mess is too deep. Best thing is to roll over and die as it can't be recovered.