Thread regarding Halliburton Co. layoffs

Regarding the post by : @ObRyeES-1gje:

Why WOULDN'T Uncle Dave have lied? WHEN DIDN"T HE LIE? WHEN HASN'T management LIED?

The whole corporate culture of the NEW Halliburton seems to be built around LYING to the employees, doesn't it, with all the 'pep' talks, the 'feel-good' emails, and all the other happy horseshit that management feeds the mushrooms. DESPITE ALL of this, YOU MUST face the fact that the company IS the NEW NUMBER THREE, and our customers will gradually accept the FACT that OUR past reputation will no longer carry us thru, and that the NEW #3 will NEVER have the innovation, or the skill to rise above that level, and the only reason for them to use Halliburton is when the leaders, that they would prefer to have on their location, are too busy to catch that job.

Maybe HR or Training can produce a 'module' on how to handle being the NEW #3, and the realities that come with it.

Looks like a big c----up by M&A.

The most important thing to remember in this story is that Halliburton informed the world and its employees that they had talked to the operators and the operators wanted the M&A to happen with Baker Hughes. So we proceed down this road of M&A and we find that a lot of IOC's from the EU did not want this M&A to happen. In addition we find out on the US side that a lot of operators also did not want Halliburton and Baker Hughes to merge or be acquired.

It is easy to blame the DOJ and the EU but at the end of the day a lot of operators were talking to them and expressing their concerns. So as we all know the M&A fails and fails in a very big way.

Low and behold GE approaches Baker Hughes regarding a M&A plan and guess what the DOJ and EU approve!!

So where does the truth lay?? Or should I say Lie !! Or who lied??

A'ha sounds really great. folks at baker should be engaged and ready to work. the que is forming to wash this guy's car, fetch his gourmet coffee and have his baby. it's good to hear a happy story. and just think, in some small way we all played a part. some even sacrificed all to bring this to fruition. Hmm, i wonder if the are staffing up an integration team?

HAL are finished all downhill from here until they're sold for scrap.

This new beige format BHGE, will surpass SLB, and leave hal to be at best, a third tier player. Repeat after me -

So sad

So pathetic

So low energy

But who cares, as long as mngt get their bonus.

Don't be fooled by the claptrap and bull. Experience is all gone and bad management is a problem. Stoneywood is a good example of this.

interesting read. I doubt Halliburton is going to be able to compete with this company. When I say compete I mean compete in a profitable way with good margins and not giving work away.

These guys, this new company are way to cool. I want to work for them!! Where do I sign up.

Simonelli, perhaps like the new company itself, brings an unusual blend of youth and experience to his job. At 43, he has been a top executive at GE for nearly a decade, becoming the company's youngest division CEO ever at age 34. He also was one of four finalists to succeed retiring chief executive Jeff Immelt - a job that went to GE Healthcare chief John Flannery, nearly 12 years his senior.

Simonelli's consolation prize was running the $23 billion Baker Hughes, of which GE controls more than 62 percent. Simonelli, who is single, is house hunting inside the Loop. He's also looking for good Italian restaurants.

Simonelli sees the new Baker Hughes selling services across the energy industry, from wellhead to refinery to power plants. But that future, he said, will grow from the foundations of innovation, risk-taking and execution built by Edison, Hughes and Baker.

"These are three iconic names in the industrialization of the United States of America, and you've just brought them together," Simonelli said. "People are excited."