We all should communicate with the board of directors. Sure the Excom & board are there to make money. However not at the expense of the Company “Halliburton” and its future. We now have leadership down to the Director level who could care less for the financial well being of the average employee or the Company. We need a vote of no confidence on the chairman of the board, plus a cleansing of VP & directors who are ill performers. The goal today should be giving our frontline employees the products and tools that have a respectable return on investment or increase free cash flow. I challenge the a director of manufacturing or technology who does anything that hinders our real worker’s great effort should be expelled. NOW NOW!!
9 replies (most recent on top)
Before you get axed all 60% of you practice your Mainstays as Jeff stated last year it would make the company great again. Nothing to do with frac crews working their tail off. Wonder who gets to ride in the company Cessna when this is over?
HAL is like any other publicly traded company in that their primary obligation is to make a profit for shareholders while staying in compliance with laws and regulations. Those same shareholders that ultimately decide executive compensation. It is somewhat of a quid pro quo (again, not just HAL) where regular employees are a part of a financial equation. Make the company just attractive enough to attract and retain adequate talent within a certain cost. This is a variable to the businesses expenses. When revenues exceed expectations there may be a relatively modest bonus to these employees so long as it doesn’t eat into shareholder dividends. If revenue doesn’t meet expectations and profit can still be had (again with shareholders the primary focus) by reducing expenses where regular employees are a significant part of the equation.
HAL has lots of cash that a privately held company could use to keep their headcount, but that wouldn’t help a shareholder so the cash stays out for uses that shareholders can see a profit from.
The workers of Halliburton are a cash cow for the execs and board members. They will lay everyone off and piss fire before they cut or remove their salaries and/or bonuses. Honestly I’ve never seen a more incompetent group of individuals head a company. Enron being the exception. It’s a shame. It used to be a really great company. Their technology is completely lacking. They are losing market share to Weatherford for god sake.
Good idea, now own it and take charge. Take the lead and make something happen.
All our executives can do is recite our mainstays like politicians spouting talking points. Never an original thought or idea out of their mouth or keyboard. Just stick to the playbook and lose in the 4 quarter as always. Bean counters at best.
I smell the next MCI-WorldCom, Enron, Sears. The CEO and Board of Directors are only protecting their own bottom line. You low level engineers, assemblers are just part of the casualty of great leadership. Get use to it.
Do you not realize your opinion doesn’t mean squat to Halliburton??
Pick a safe word.
Great point. Accounts though the most are good. They are support, shared services, and do not have the best interest of a engineer company in mind. It is now the time for an operations, engineering or practical person to lead.