Any word on which groups/departments to be hit? Hearing many in DS Gulf are going to be cut.
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Has anyone heard of planned reductions or reorg in pressure control NAM?
As much as I remember we entered 2014 with ~70000 headcount and finished 2015 with ~35000, so 50% reduction. Here we are in the worse situation than 2015, so chances of survival are less than 50%. Based on Simonelli's e-mail sent this morning it seems cuts will be done step by step over the next couple of months first based on Q1 results and then adjusted for Q2 & Q3 projections.
Anyone that can spell GE is at risk. Been there done that.
Which DS business?
Yes. We’ll plan Tech Spprt all redundant without work to do. Remote Ops getting a push but still need to get cut