Why was it so high ?
17 replies (most recent on top)
It was an elite level organization with well managed specialties. We have morphed into just another top heavy company headed to pasture
When Baker stock was that high, I believe it was when oil prices were above $100/bbl as well. Everyone was doing well. That should have been right before the crash in ‘14x
No one defending aberdeen incompetence is normal
Aberdeen office put clowns in charge of drilling who lost all the drilling contracts thru bad management and f-ups. They lost their jobs after being fired and lost hundreds of other jobs connected to drilling ops. Absolute train wreck. Why did we put id–ts in control who didn’t know what they were doing.
@1neg There are a lot of posts on this site about Aberdeen. You can rabbit-hole them to get whatever story there is behind them. All I know is that it’s a town in the UK with bad weather and surprisingly high home prices.
People keep posting about Aberdeen, but I being a Houston employee don't know the whole story. Would appreciate a good post on what's been happening there over the last few years or more.
So H1B program isn’t working then
@ilw Take the racism over to the Breitbart or the Yahoo comment sections. It’s contributing nothing to the conversation here.
Someone needs to explain why the cause of every problem at BH is “darned foreigners”, especially when it was American (US) management who sold everyone out to begin with.
When the share price dipped below $50 HR layed off my punkah wallah and hired an extra analyst. Exasperating to say the least.
HR needs to work on themselves and improving a lot of things. For one, they need to be there to “support” and not “manage”. They shouldn’t hold all the power to decide who gets promoted and who doesn’t. They can support, but they wield too much power.
They also s— at supporting with training and employee development, supporting career growth, and when there are actual Employee issues - that’s when the HR team dumps it onto the manager to figure it out.
HR is the worst at Baker. It’s well known.
Because Indians and Egyptians have large family units it shouldn't mean BH needs to employ them all to do the same job one American could do on his own.
When the HR department has more analysts than operations has field engineers, we have a problem Houston.
Likely a round of golf by then BHI CEO and SLB CEO and creating a rumor of a SLB takeover of BHI. Stocks soared the next days
The HR comment is spot on. When a bunch of little girls wield a bigger axe than the managers what could possibly go wrong?
All of us who were there than are now gone. Only the deadwood left. HR got it wrong. Your suppose to trim the deadwood, not throw out the good employees
It was when we had 99% American employees.
We were a good solid company with good experienced employees who actually cared. What went wrong ?