Thread regarding Halliburton Co. layoffs

Technology Layoffs

Anyone else hear of Q1 layoffs for Houston area Technology teams? I noticed the stock fell below 30 today and figured this would fuel cost pressure.

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| 4298 views | | 57 replies (last December 6, 2019) | Reply
Post ID: @OP+WuCXvMw

57 replies (most recent on top)

Things wouldn't be so out of control if we wouldn't hire all the moose twit engineers that are constantly over engenerring everything to the point that it is cost inafective to operate, sitting in your office cubical playing your video games on line with your sorority sister's.

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Post ID: @5Tzro+WuCXvMw

This was posted a year ago, it'll become a hot topic very soon again

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Post ID: @5Prst+WuCXvMw

Arrogant and Incompetence permeates the tech mgmt. Not sure why so much attention to their job needs. Very needy group that deserves a fist sandwich

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Post ID: @qvyi+WuCXvMw

Unfair to just consider all staff. Most tech guys I correspond with do want make a difference. At the SBM level they are mostly business flunkies trying to set up theatre like this is banking....rolling eyes now. The directors are another species altogether most of them are from outside industries and try to emulate what they know. Absolute joke we theyopen their mouths and mostly superficial. As someone pointed out earlier they like to recruit out out of GE which is doing sooowell...why not copy altogether. Imagination at work...which translates to mostly superficial policies and s---ing the legacy people. Worst example is the completions group. Very glad to be a part of ops

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Post ID: @pexr+WuCXvMw

@ “Jake Brake”. The tech function is a total disaster in terms of staying in such with ops and helping us stay competitive and they have a lot more control over their direction than you think. For one they determine their own capabilities and can say yes/no and tailor their service level. Also they are a constant as field/business people rotate every couple of years.

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Post ID: @olwu+WuCXvMw

Tim sure we hire good R&D guys, but funding and direction as a whole serves a good slice of dissatisfaction for us ops guys

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Post ID: @ofyi+WuCXvMw

It will all depend on what project you are working on and how difficult it will be to replace you. Of course experience helps and how you can perform multiple jobs during a downturn. Then, if you are really an a-hole towards your boss, you ought to know you're on the list.

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Post ID: @owia+WuCXvMw

And you think shareholders are very happy these days.

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Post ID: @oqyv+WuCXvMw

The goal of Halliburton is to maximize shareholder value, not to create gadgets. As someone pointed out below, Halliburton handles technology acquisition by partnering (TAP), 3rd party development or internally if too risky. I believe there is more expertise outside than inside in term of rope, dope and soap type products. This is evident as many of these 3rd party companies started by former Hal employees and experts. So, I lol leave it up to you if that sounds tech ish. Also, Halliburton does not strive to be #1 as they would rather let a certain blue color establish the market first then pursue. We are a fast follower though! Baker was supposed to help follow a slb closet but that failed horrendously due to ego vs numbers issues.

No one in mgmt will open acknowledge the above but quiet action speak louder than word.

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Post ID: @nwgi+WuCXvMw

but ! wait ! i wasn’t given an assignment towards saving the company ! what about me ! what can i do ? i want to help

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Post ID: @nmly+WuCXvMw

technology does not equal TAP process, which is Halliburtons take

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Post ID: @ngkn+WuCXvMw

How long until Nisku is finished?

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Post ID: @nlzr+WuCXvMw

Don’t call your procurement team as tech team. Lol. What a c-ap!

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Post ID: @ntxg+WuCXvMw

now you kids , settle down and listen to your father , he knows a thing or two about working thru the downturns , just you see

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Post ID: @nqyy+WuCXvMw

Chill out guys. Everybody has a job to get the company running. If unhappy with current role, get a new role.

Happy New Year

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Post ID: @nnty+WuCXvMw

Talk about a cry baby post for tech job loss. Get you head out of the last 1%

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Post ID: @mygv+WuCXvMw

Not a tech company as no CTO

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Post ID: @mqzl+WuCXvMw

There is a long journey to close the gap between tech and ops with not a lot of optimism for closure. I believe it starts at the highest level with funding, which won’t happen. At the end of the day we are not fundamentally a company that values technology vs daily services.

If you don’t like the company’s approach simply find something else.

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Post ID: @mfrp+WuCXvMw

Ops will piss in their pants when they will do a real technology job. Not to say but tech can always do your job and take any product, tech knows it better. Also, your pride in the real time quick fixes; anybody can do.

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Post ID: @mhzi+WuCXvMw

Halliburton chronically underfunded Tech for over a decade to get in the position that they are in today. Numerous cancelled projects and lack of strategic vision (one bad SBM set Tech back almost 3 years with his incompetence) led to a series of bandaids and rental tools to stop the gap. The Baker-Hughes acquisition was supposed to fill that void but we all know how that worked out.

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Post ID: @mosb+WuCXvMw

Talk about high on your own supply! These guys are a joke and have issues with their own perception. They have 2 VPs with the same title that’s how piled high deep they are!!! The result is c-ap so bad us in ops had to form our tech group just to address the field needs. They still try to take credit...what a joke.

Get a real Halliburton Job!!!!

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Post ID: @mczx+WuCXvMw

oh my precious goodness - you are! just the cutest thing. now tell me child, just how many times can you band-aid an OLDass design before it absolutely becomes obsolete? really.

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Post ID: @mmqk+WuCXvMw

More like, Help help technology, please buy it for us from a 3rd party, put Hal sticker and ship to us!!!

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Post ID: @lmqc+WuCXvMw

Ops come as cry baby when things are out of their control crying Help! Help! technology please help.

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Post ID: @lpcq+WuCXvMw

Agree total disconnect with the business. Look at this string for the entitlement complex!

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Post ID: @kkkz+WuCXvMw

The place needs to be purged ! top to bottom!

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Post ID: @kpxw+WuCXvMw

Terrible place to foster innovation and a RD career. At the trench level you have old advisers that are hesitant to change an pretty much hinder progress. At the peer side, it is survival of the fittest meaning no one has a clue on the next step, incompetent project managers or worse straight undermining. Note: a severe insecurity permeates most tech personnel at all levels and this fuels a toxic culture vs creativity.

On higher side, so much managing up that no one is paying any attention to the operation. There is some confusion among the tech managers about their actual overall role in the company , including directors. At the VP level there is very little care about the technology function (<1 percent of rev). They are small potatoes at the table.

So there is some merit to this string.

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Post ID: @kdjr+WuCXvMw

late 90’s designs just shouldn’t be considered as technology at this point. Radio Shack and Kodak even came to that conclusion.

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Post ID: @juqm+WuCXvMw

Not a tech company. That function is is similar to IT. Sorry but you guys are essentially aux support as much as they try to blowfish level of importance

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Post ID: @inan+WuCXvMw

Yes agree. Halliburton is not a technology company in the purest form. They do file a lot of IP but mainly for strategic purposes or to posture image. Go work for slb if you want a more innovative company. Halliburton will always be the services 3rd place for innovative products . The typecast by investing is the execution company

Look at the 10-k

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Post ID: @hzyp+WuCXvMw

amazing you can say vladamir putin but you can’t say D--k Cheney , he who name cannot be spoken

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Post ID: @hdvh+WuCXvMw

I concur tech is a joke, take wlp tech for example bleeding talent hardcore. The director just cares about image and that guy is a GE phony.

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Post ID: @hizo+WuCXvMw

who cares who runs the co., D--k Cheny once ran this co., Vladimir Putin could by that argument run this co., just be careful shaking hands wi either of ‘em, look who runnin it now, a monkey with a smart phone app could do it

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Post ID: @gqlt+WuCXvMw

Halliburton itself is not a tech company. Look at RD spend vs revenue. They are an execution company that spends enough on RD to satisfy analysts. Hal itself could careless about tech if they can just buy.

Enough of vanity tech managers, just deliver product

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Post ID: @gsch+WuCXvMw

Tech will be more important. Just wait and watch. Capability of Hal tech is altogether a different question.

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Post ID: @gojf+WuCXvMw

Who cares about tech news. Irrelevant to the rest of the company. No one from tech ever made it big to run the company. Hal is about ops and nothing more. Next please

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Post ID: @grza+WuCXvMw

most of everything is engineered by 3rd party. Hal tech is just documentation team.

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Post ID: @fabu+WuCXvMw

technology with a currency beyond that of the electric typewriter but not as advanced as say, Radio Shack ir Kodak.

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Post ID: @ffmi+WuCXvMw

popular post! Did not realize you folks in tech had passion

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Post ID: @fnyh+WuCXvMw

Does Hal technology even have currency??? Hard to imagine getting a job elsewhere with Hal on resume

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Post ID: @eefr+WuCXvMw

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