Here we go again get ready boys

Laid off the other day at Sheldon North. Most unprofessional business interaction I’ve ever had with my supervisor and HR. To all of my friends there, get out while you can. They got this high dollar compound with no work coming in. They cutting all... — read more 

After many years of working hard, in hopes of being compensated for my efforts... has come to an end. I shed no tears, as I’m finally free!!! I’ve imagined what this day would be like, over the last five years. Yet I never thought that I would... — read more 

Fifteen welders just laid off at 2800. So much for "No more NOV layoffs".

After 18 years, Tuboscope laid me off today. Its all I’ve known for 1/2 of my life. I can’t believe they haven’t let any managers go yet, just all the workers. Good luck to all of my co-workers. It was a real pleasure working with all of you. God... — read more 

This district will be shuttered June 30. Layoffs have already begun but the employees there were told to keep it on the downlow in order to protect the mighty image of NOV. Most will be layed off soon with the only ones left being the relatives, in... — read more 

Does anyone know whether another round of layoffs is coming and if so, do you have a date? My wife and I were in the process of buying a home when I heard rumors that another layoff will hit Bammel this month and I’d rather wait to see how it shakes... — read more 

step out of the oilfield and come learn to help people and make money i left NOV and i wont ever go back to a job that doesnt appreciate me or the hard work ive put in

I got a preview of the forecasted numbers. If it stays this way additional 20 to 30% work force reductions across the company will be needed to survive.

Don’t know how much longer we can keep operating like this. I work in sales and have been working from home since the Corona virus started. We’re not selling anything in this market. Don’t know how much longer they can afford to pay us with nothing... — read more 

There are multiple positions available for directors and Vice Presidents in the newly created department named, Fall Guys

401k matching/retirement gone, no raise in years for the working class, dividends cut and the Board gets a raise????

While many are getting laid off this guy raking it in. Amazing the poor leadership we... — read more 

Got told today i will be reporting to new iberia office from now on. Will continue to live in houston but only be paid hours and mileage from new iberia office to heliports. F— this place

Lets just keep it to facts and list who or what position got let go.

I hear that Tuboscope is breaking up different business groups and selling them off. Machining services is one of them. Has anyone else heard this?

Somethings up they were getting the dog and pony show

GE is in talks with NOV/GE merger.

If your a service tech that still has a job id start looking for something new

Hello, I am new in the oil and gas field and just a few years out of college. I have always heard that our industry is always up and down but that this seems to be the worse anyone has seen. Realistically, how bad do you think it will get for NOV? ... — read more 

Houston oil-field service company National Oilwell Varco plans to stop paying the 5 cent dividend it established in 2016, the company said Wednesday. NOV and numerous companies have cut their budgets and laid off employees as they try to weather... — read more 

Not heard much on this place for a while Is anyone still there

So far I have not heard of one upper management person being laid off. It's a joke to see managers, and directors with no direct reports. NOV is so top heavy it's going to flip over..... I am ready to see some of the people that have run this... — read more 

There will be no more layoffs for NOV. Restructuring is complete and new management has been set. New policies will be coming out in the next few weeks.

Went by there today to meet with a customer of mine. That place is a graveyard. Is Tuboscope closing down? I’ve never seen that facility that empty. I thought it was one of the stronger groups within NOV.

Are the worst of the layoffs done, or is this just the calm before the storm?

National Oilwell Varco, Inc. (NYSE: NOV) announced today that during its regularly-scheduled meeting, the Board of Directors elected to suspend the Company’s quarterly dividend until further... — read more 

We all know what that means. :-(

Where is everyone?

Anyone know anything???

Hey thanks Nov you laid me off finally and now I’m making double what I was making before to sit at home and do nothing so thank you for that sorry to those who are still working making pennies still get out while you can.

Earlier someone said this week there would be layoffs in Tower levels 17 and 18? Were there? What’s going there anyways? What departments?

Some minorities who worked less than three years in NOV gave up the severance and filed lawsuit after they got laid off. Rumor says NOV legal and HR will start to cut people who stay with the company over ten years as they r less likely to give up... — read more 

Everyday there is more post about layoffs and change. I work at bammel and none of this is true. We did have layoffs last week. But we were assured we are done with reductions and it is over for us. As far as were concerned its business as usual. — read more