What do you think, are we going to have layoffs any time soon?
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I heard it's more of a house cleaning than a layoff. Eliminating some low performers, unnecessary managers, etc.
Is there any indication, of what departments they are going to start with, in Houston?
Layoffs are scheduled for Friday October 23rd in Houston. Aberdeen lost 15% 2 weeks ago.
How many and where?
I'd say it's more than likely, we will be doing less work as the prices of oil went down