Thread regarding Baker Hughes layoffs

Would we expect lay offs in NAM Upstream Chemicals?

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| 962 views | | 3 replies (last March 24, 2020) | Reply
Post ID: @OP+147BwOyC

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BH has lost more than half its stock valuation, is facing a massive decline in revenue, implementing spending blackouts, discounting chemical prices, and eliminating overtime for hourly upstream chemical employees. Absolutely there will be layoffs, and in significant numbers.

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Post ID: @1muz+147BwOyC

I am definitely not, so wondering what’s gonna happen.

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Post ID: @1wsv+147BwOyC

I don’t know, would you? I think you can expect layoffs. If you’re not a direct contributor to the revenue stream, then you’re probably on the list or will get close scrutiny.

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Post ID: @bab+147BwOyC

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