Thread regarding Dril-Quip Inc. layoffs

Will DQ take advantage of furlough scheme ?

Now new details of furlough have been announced today, will DQ use it.
Why not just furlough the staff they want to make redundant till end of August, all they have to pay in August is national insurance and pension contributions. At least it will give time to see how the market is going to recover.

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| 1282 views | | 6 replies (last June 2, 2020) | Reply
Post ID: @OP+15cwb75z

6 replies (most recent on top)

Dont you think that if dq were going to take advantage of furlough there would have been heaps of people on it now ? Or for the past 2 months where guys are rattling around in workshops fulfilling orders that are just getting turned back , working on historic jobs that will either sit in a storage unit or warehouse

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Post ID: @4jxi+15cwb75z

Currently out in Galveston Bay with Blake on his yacht for a day of shark fishing. Going to get the go ahead from Jeff tonight when we meet him at the vineyard for his promotion party but as it stands Blake is saying DQ will be using Furlough.

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Post ID: @1bww+15cwb75z

Yeah westie, that is a fair point we’ll said.

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Post ID: @1wlm+15cwb75z

Doubt it , the companies been found out , going to get smaller and smaller from now until someone buys it ..... furlough would just delay the inevitable in my opinion , plus the oil companies in general dont seem to be using it , except for office staff

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Post ID: @1ybc+15cwb75z

??????

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Post ID: @mxp+15cwb75z

I completely agree Kris.

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Post ID: @bqu+15cwb75z

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