National Oilwell Varco, Inc. (NYSE: NOV) announced today that during its regularly-scheduled meeting, the Board of Directors elected to suspend the Company’s quarterly dividend until further notice.
https://finance.yahoo.com/news/national-oilwell-varco-announced-suspension-215100549.html
Expect another big round of layoffs. If the company is struggling to pay it's shareholders it's certainly struggling to pay its employees. Good Luck