Yes…YES…keep making these id--tic cuts!!!! Can’t wait to see how this is sold to our customers. Hopefully the captain goes down with the ship.
11 replies (most recent on top)
Cut and repeat till it all falls apart. The End
Excessive shareholder pressure, and executive compensation/bonus payouts imho. That holds true for most american enterprises. The shareholders don't care as long as they get theirs. This is in the long run unsustainable. In some cases self correcting.
The great change of 2024 is real. This is only the beginning of the transformations coming this year.
The digital infrastructure will be making its way in with data entry’s. Surveillance teams of men and women doing what they’re told without questions.
Problem solvers of yesterday are gone, the passion to grow with a company is gone, the time of obey your master is here.
Baker Hughes will forever be lost to the woke agenda.
Hopefully sell offs happen in 2025 and the men and women of the old unbroken ship and regain the leadership back from the GE dipsh-ts that are in charge of todays ship.
You get what you pay for. Don’t get how they don’t get that.
We sell to investors not customers.
Coke head 26 yr olds are the target. Plz, where you come from, BHI?
A hedgefund is coming in to buy baker and gut the oilfield services side. keep the green side and make windmills and solar panels.
@OP this one has all the hallmarks of preparing for another Halliburton type of event, where we shed people in preparation for the "merger."
Let's all hope this time the potential acquirer will be someone that knows their donkey (A$$) from a hole in the ground.
Wouldn't it be funny (sad) if the geniuses from GE tries to buy as back again.
They laid off an account manager last week who looks after Aera San Ardo (California) only to find out there is no one within 150 miles of that location than him. Yes they had to pay him a ton to live in Paso Robles which is south of the lease. Unsustainable.
https://www.upstreamonline.com/production/baker-hughes-equipment-issue-hits-oil-production-at-africa-field-investigation-under-way/2-1-1562329
I think this time there is a real chance for the whole ship to sink. At this point it would actually be well deserved. Thinking that linear and indiscriminate cuts would do the company any good is just ludicrous. Speaks volumes about our so called leadership.
Simple: it is sold as more efficiency... out of which though the Client gets no discount. It is just better, faster, smarter, greener, cooler, LGBTQ+er, etc. What's not to like?