Thread regarding Baker Hughes layoffs

Only 300 out of 1700 workforce to be laid off in Celle. The previous estimate was 450

From where did BKR get the money to save the jobs of the 150 employees?

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| 1731 views | | 10 replies (last August 20, 2020) | Reply
Post ID: @OP+16rWmMck

10 replies (most recent on top)

Q3 results will show us the new path...

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Post ID: @6jem+16rWmMck

For 2020and what will be next in 2021?

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Post ID: @5wax+16rWmMck

Is the number 300 atleast correct?
It is 350 to be exact!

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Post ID: @5ntb+16rWmMck

They have to shave $700 million and it will be headcount. Looking at you North America 👀

Starting with the Quality and HSE Teams...

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Post ID: @4ckl+16rWmMck

Is the number 300 atleast correct?

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Post ID: @3pda+16rWmMck

Most employees were forced to take a 30% reduction in pay and correspondingly had to work 30% less. This is where some money might have been saved

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Post ID: @2cpe+16rWmMck

300 is a very less number considering the number of layoffs in US till now being some 5000

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Post ID: @1clj+16rWmMck

About 350 people will have to go. 100 with one year contracts have already been sent home.
350 + 100 = 450

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Post ID: @1ptn+16rWmMck

Got money from UK too

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Post ID: @bjl+16rWmMck

german government

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Post ID: @yag+16rWmMck

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