Thread regarding Dril-Quip Inc. layoffs

Severance Pay

What's the severance pay for you guys? Disclaimer: I work for a competitor

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| 1511 views | | 14 replies (last May 21, 2020) | Reply
Post ID: @OP+154HEkl2

14 replies (most recent on top)

The only 2 projects they have concentrated on since the downturn is operation "shaft Aberdeen" and "operation Bird knifing his way to the top".

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Post ID: @tux+154HEkl2

Well boys plenty of time to make a nice fish pie

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Post ID: @nln+154HEkl2

Let me see .....well....nope your right nothing!

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Post ID: @uyy+154HEkl2

They’ve only ever won one big project in their history and that was the Catcher one

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Post ID: @hys+154HEkl2

Sealion is a joke....that project was never going to happen, not with prices staying at Blake's IQ level of sub 80. Let's be real guys what big project has DQ landed since the downturn.....nothing. DQ has always been doomed especially when people running the show have no clue what they are doing. Name one thing DQ has done to improve itself since the downturn.

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Post ID: @lbx+154HEkl2

At least they’ve stopped mentioning SeaLion. When it does come back I’d be very surprised if it is still awarded to Dril Quip. From what I’m led to believe they wouldn’t want anything apart from controls going through Houston.

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Post ID: @lsr+154HEkl2

The Bird is asset stripping the company all the time. This is generally what happens when preparing a company for a takeover bid.

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Post ID: @xzj+154HEkl2

With market situation, I do not think that there is any company want to put their money to buy control. Not interesting the one that you want to get away.

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Post ID: @muj+154HEkl2

Don’t know yet....to be honest I am concerned about controls going away...I don’t think we will be able to sell trees effectively.
Plus we have too many ex FMC people nowadays. ....I might be gone soon my friend

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Post ID: @wot+154HEkl2

Capped at 530 I think

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Post ID: @noz+154HEkl2

You affected Danny? I was speaking uk so don’t know about houston

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Post ID: @rrs+154HEkl2

DQ has better severance than Cameron did. When I left Cameron I got shafted. Hoping to get better deal at DQ.

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Post ID: @qyj+154HEkl2

Will be same as we got. Government statutory capped at £475 per year of employment

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Post ID: @msy+154HEkl2

The severance at DQ has always been the same.....reamed @ss with no lube

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Post ID: @pum+154HEkl2

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