Let the games begin

PLEASE WATCH HIM CLOSE,,, Amazing till now not layoff ?

The oil bubble has definitely burst, shares are in free fall with massive losses ahead

Glad I shorted this pig when I did. Looks like more layoffs on the way. Good luck dinosaurs.

Houston-based National Oilwell Varco on Wednesday posted a $1.52 billion net loss for the final three months of the year amid the ongoing oil crash. The oilfield equipment and services giant saw its revenues drop 60 percent in the quarter, but NOV... — read more 

Does anyone know where they manufacturing dept of air line will send their work to? Looking for new shops or all going to existing vendors?

And why is she here to do?

National Oilwell Varco, an oilfield services giant based in Houston, said it plans to cut 129 workers as the company closes its manufacturing facility at 16211 Air Center Boulevard. The company said it will lay off workers in phases, beginning last... — read more 

Does anyone know when it's going down? I mean we all know it's coming. But personally I am just tired of waiting....

Any more layoffs predicted for this month?

It means layoffs at Eldridge

So did the big boys get their overachieve bonuses I wonder? Layoffs everywhere but NOV still handing out bonuses when everyone knows most groups fudge their numbers right ? At least I know some in Wellbore manipulate their numbers every year!! Got to... — read more 

Risers (Tj's) are coming back to PCG. Im assuming the baytown loacation will be closing since that where they had expedite them to. Riser assy alreay began cleaning up the are where they use to be. More work coming to PCG. Like Frank said in the Town... — read more 

I don't know but since the NOV in Conroe changed insurance they suck the CEO must have been thinking out of his ass cause now it cost the employees more and since they don't give raises ever it would probably work out best if they did lay us off at... — read more 

Around 40 people were dismissed today on Complex Mexicali. No indirect people, no administrative. Only direct-productive employees. This is not OK!!

Nothing

Heavy chatter going on. Closed door sessions.

No layoffs yet. Wondering if anyone has heard anything about FM 529? Layoffs soon? Who's safe, department or management wise? Anything about FM 529 please add to this thread

No layoffs yet. Wondering if anyone has heard anything about FM 529? Layoffs soon? Who's safe, department or management wise? Anything about FM 529 please add to this thread

Everyone was put into a horrible situation in the town hall meeting. Who in there right mind would ask ANY questins to Frank in front of everone. First of all, his speech was horrible and all about himself. It seemsed more like an advertisement on... — read more 

Are they doing better than others? Look at their board: &weir-spm

Lots of rumors but no collaboration anybody know?

Can we all admit we're screwed? I mean we're really screwed....I work over on 290 and today the group manager told us all to "go get our shine box"... Whatever that means. I saw him laughing with fellow managers before the meeting too. He and HR... — read more 

Here we go. Layoffs will happen this week. Purchasing and planning to take a hit. And fabrication depts will see the biggest hit.