NEW YORK, Nov. 13, 2019 /PRNewswire/ – Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national class action securities firm headquartered at the Empire State Building in New York City, is investigating the Board of... — read more 

Everyone is on 40 hours a week and yet there are those who find nothing wrong with asking everyone at work to borrow money. It wouldn’t be so bad if the money was actually paid back, but it isn’t. And when confronted about the owed money, this person... — read more 

Contractors here doing unnecessary contractors are here doing stupid c-ap. Spending money that we apparently don’t have due to us not having work.

With the Singapore Roller Cone plant finally gone, the UK Stonehouse matrix PDC bit production now ceased (Which probably indicates the intention is to close Stonehouse completely at some point), looks like the latest management decision is to move... — read more 

Bad Leadership + Bad products + Bad service = Bad company

NOV is crippled by its inefficient, multiple system processes, de-skilled positions and complete lack of decision makers. There is a frightening number of individuals simply ‘going through the motions’ in that place. Not to mention the recent ... — read more 

So what is this ? https://www.streetinsider.com/SEC+Filings/Form+424B5+NATIONAL+OILWELL+VARCO/16097229.html

https://seekingalpha.com/article/4301222-national-oilwell-varcos-best-days-may-behind

Seriously...it’s time for this CEO and his minions to step down. Nearly a quarter billion loss in the 3rd qtr. The company has not made an annual profit since 2014 or since Napoleon took over. A LOT more restructuring to come... — read more 

Well it’s Friday again folks and not looking great for Rig. Heard layoffs could happen today but hopefully not. If y’all see extra security then we might be out of luck but if it’s just malllcopp then don’t worry he’s just making his gossip runs... — read more 

Is any office staff been laid off? There seems to be more of them than shop floor workers .

https://dilbert.com/strip/2019-10-13

“It’s better to be at the bottom of a ladder you want to climb than to be in the middle of one you don’t” time to cut and run. Wasted to much of my life on this sinking ship.

Please take a real hard look at the HR department at the Tower and specifically the people who report directly to you. They are clueless at their job and are just there twiddling their thumbs and waiting to go to lunch. It is an embarrassment and... — read more 

I hear Brandt is going to 7 days a week 6 hours a day. Any truth?

Down goes the share price prior to more of Napoleons tales of improvement. More layoffs and more VPs created every day

Is NOV finished laying for the month?

A bunch of Tatco guys got snipped off at Willis and Parkwood facility. Fingers crossed.

I hear people been cut. Any truth? More to come? No jobs?

I’m guessing people will be get laid off inspection group?? No mas work this month at our shop until we get more jobs in. Hope our group is ok. Holidays coming soon.

When is it going to happen? Tomorrow, next week, two weeks. How many? Someone knows something! Tick tock!

Is there any chance of things picking back up anytime soon or should we expect more layoffs before years end? Hoping for a Christmas miracle! Thanks.

Yal know any novs hiring for electrical assembler?.

Saw the org announcement that we're bringing folks back to MDT from Reed, why the hell are we repeating the past? This small division has too many VPs already who are scared to make a decision, there's no sense in making it even more top heavy. We... — read more 

Brandt doing dumb stuff again. Production jokers say jump and D.o.d.d says how high? Straight 8s no work. Losing welders left and right. And hey we need y’all to work a Saturday. Get y’all a stuff together!! Place is not worker friendly. Idìots in... — read more 

Any word on another possible verp, or just layoffs throughout nov

Any word on additional layoffs at RT? Just my thoughts but instead of picking on unproductive managers such as 'el poli de centro comerciales' / 'reina del chisme' we should probably look into how we can make this company better. Some of us still... — read more 

What's the big thing hitting this branch in October?

What's going on at Pampa?

Several facilities had random d–g testing last week. This is usually followed up with layoffs. Its the end of the quarter. Guess we will wait and see.

Stonehouse will be closing by the end of the financial year. Another 25 redundancies announced on Friday, this follows the 30 from 2 weeks ago (55 in total) . This brings an end the matrix drill bit production in the UK. What was a world leader in... — read more 

All hourly employees got pretty piss off about this. NOV trims cost down to the bone. Anyone confirm about they also cut down on the percentage of 401k matching too???

Why does Brandt manufacturing work 8 hour days and then last minute want to work Saturdays? When we could have made those hours up during the week when we leave at 230?? Any logical explanation for this?

Two layoffs so far. about 80 people gone. rumor is, this is the end.

Share price has dwindled back down. The market knows a pig, if NOV was a horse it would be glue by now. S— it and see NOV management, you are clueless, stick to what you know..... now what In the world was that, I remember - doing what Pete told... — read more 

NOV never valued hardwork, knowledge, quality experience, loyalty to the company, meanwhile claiming otherwise to attract talent from outside world. From what I've learned from those who quit NOV, their lives have been better, and they are not coming... — read more 

https://www.chron.com/news/article/No-1-on-Chronicle-100-National-Oilwell-Varco-1612639.php

Why is the D.O.D.D still here? The slavery, the disrespect, the poor management is driving this place to the ground.

https://m.chron.com/business/energy/article/NOV-lands-contract-to-build-one-of-the-world-s-14409066.php

What’s happening over there are you guys still open