Nov is getting sued for 25% of net worth in Oklahoma from explosion in Pittsburgh county according to mcalester news capitol

DDS is going to have many layoffs and then re-organize. Management at DDS is full of incompetent people who only reward the a$$ kissers with work..

50 people just got cut from brandt

Are VP'S getting demoted or fired ? Outlook shows a VP change title to consultant, What is going on ?

I was laid off and then rehired and they reinstated me at my seniority from my previous time with NOV. If I got laid off, would a severance package include the whole time I’ve worked at NOV because my seniority was reinstated- or just the time I’ve... — read more 

Management waits till the last minute to say important information, they are horrid at keeping a time table for products. Then they want to push for the job to get done last minute and we don’t even have the parts, in stock to complete. They let... — read more 

NOV is in bad shape because of inept management in Houston & in the plants. Promotions based on butt kissers, friendship & nepotism. People at all levels taking kickbacks for work that should be done in-house, putting themselves above the good of the... — read more 

I asked my supervisor if a lay-off list had been already made & he wouldn’t answer. I asked because the rumor is the list had been made. Anyone else heard anything?

Anyone know why I.J. Was in CEdar Park?

Last minute push before heads roll

Will there be layoffs at the 700 location in Conroe?

Don't fall for the "you're good" BS from your manager. I can tell you several VERP candidates were told not to worry about taking the package last time (on the low) only to be cut a couple months later. Major regrets. The market is c-ap, if you can... — read more 

When will these hours go back up? This is horrible!

Stock below 20$ a share. Where is the bottom? It will bottom at 15 a share, & 25% cut in employees!!!!

Well it looks like the new TESS program has officially taken over. The old technical support guys were let go today.

How many are going to wait the 45 days before signing?

10th floor got hit last week... Any more floors got hit?

Brandt had temps cut today.

Layoffs are coming soon! EVERYONE BE PREPARED!!!!

What all plants have been hit with layoffs so far?

So the stock is in the toilet, CEO preaching the same rhetoric during the quarterly conference calls, headwinds this and that, new technologies etc etc etc. Drive by the West Little York location sometime and look at the all non sold equipment... — read more 

Hahaaha

Lot of layoffs at my location, so it’s safe to say that this week hasn’t started very well. Does anyone have any precise info on are the layoffs going to continue in the same tempo throughout the week, or were today and yesterday the days when they... — read more 

When are the layoffs starting? Someone out there knows. Nobody will know who told.

Any word on Texas locations? Such as the North Frazier or Pollock Dr locations?

XL Systems, division of CAPS is hiring in Houston and Beaumont, They issued VERP like other NOV entities, but will not be laying off. Rumor is they are going to open a new plant.

Gateshead paint shop money draining section ever over last three years..... none of products are to customer specification.

Well waiting for these gents to turn National around is about as worthwhile as warming up leftover snow. The skills being shown indicate they couldn’t pour piss out of a boot with a hole in the toe and the directions on the heel. The gents at the top... — read more 

Are layoffs happening in June or not?

National Oilwell Varco declares $0.05 dividend ??? why ? I want my nickel. No dividend cut please. NOV Stock 3 easy steps. Step 1: Sell NOV at $44 Step 2: Buy back at $40 Step 3: Cut wrists at $21

Been quiet since the VERPs were passed out. Anyone know anything new?

HR told me 80% of those offered VERP are taking it, time to get off this bus. How many more are they looking at worldwide ? How many locations will be closed down ? I'm wondering the same thing, @Zhoxub3-mcx. But the whole 80% thing sounds a bit... — read more 

Lay-off lists to be turned in quickly! Maybe lay-offs this month, if not it will be July!! Good luck!

Layoffs there?

Are there rules on what you can and can’t post ?

NOV stock down 10% this week, Wall Street knows this company is TOAST.

I really need to know as I need to get a break from these id--ts in UK that are more interested in propaganda than meeting the customers needs.