Due to the Trump tax cut, Dril-Quip upper management will restore wages to their January 2017 amounts. The corporate cost structure is allowing this since the savings on wage cuts is far exceeded by the tax burden reduction from 35% to 20%, and oil stabilizing at $60/bbl.
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Yea right, and T.F. is going to retire next week too. Haha
No jobs. Peopl leeving. No money. I come back too sav compuny.
Dreaming!!!!!! Ha Ha Ha. Yeah, You can but not too much!!!!!
No chance of this happening, any money saved will line the share holders pocket.
All we will get is the promised annual merit based pay rise, you’ll be lucky to see more than 1.5% back. This is with DQ getting buisier than ever, signing a 100% global agreement with BP for wellhead equipment etc... See they aren’t announcing how much these new contracts are worth in $$$$. Too scared to tell us ??
Management at dq is far too greedy to do that ... Lost 3 more engineers to companies paying 30% more
No rumors here
It is just rumor. Is it right?