It ain't over kiddos, more field hands to be let go.
16 replies (most recent on top)
The baker deal was set up to fail. They left it open on purpose because Halliburton shouldn’t have to pay anything unless Halliburton backs out of the deal.
end of the quarter is coming up, stock is tanking again, not good, not good.
Oilfield Service company consolidation and M&A has begun. This is the next logical step in a mess that was created by private equity. It will be interesting to see if this will truly have any positive outcomes. One thing is for sure is that all these companies will be laying people off to justify the consolidation and the M&A.
If you clowns want to throw $3.5b down the toilet that’s up to you but not many people would. The world needs losers.
Back in 2015 they gave you a week for every year you were employed.That may have changed now.
Is 6 months pay what they are offering? If so, sign me up.
... and try as they may, there was no one willing to buy and all while vainly attempting to take baker, assuming their entitlement.... what an arrogant fiasco ending with the loss of a three and a half BILLION dollar wager, .... yet those fools, by entitlement of there position, remained on immune to their own mistakes, ......
how many at sperry drilling have gotten phucked?
Why not just one big round layoff all instead of many many rounds.
Please start with HR & the entire Northbelt admin building
Why anyone would still work at HAL is beyond me. The last 2 years have been your chance to leave.
So long as my job is safe I don’t care how many go. Dog eat dog rules.
Which site affected?
Please get rid of HR first
Expect hits by 3rd quarter when shareholders start asking questions .
Where?